Infibeam Avenues
INFIBEAM.NS
#5567
Rank
โ‚ฌ0.83 B
Marketcap
0,30ย โ‚ฌ
Share price
0.86%
Change (1 day)
53.41%
Change (1 year)

P/E ratio for Infibeam Avenues (INFIBEAM.NS)

P/E ratio as of September 2024 (TTM): 54.2

According to Infibeam Avenues's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.1857. At the end of 2022 the company had a P/E ratio of 35.3.

P/E ratio history for Infibeam Avenues from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202235.3-39.71%
202158.6-31.52%
202085.6334.71%
201919.7-43.34%
201834.7-58.86%
201784.4-46.74%
2016159

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.