PTC Financial Services
PFS.NS
#7388
Rank
โ‚ฌ0.29 B
Marketcap
0,46ย โ‚ฌ
Share price
0.82%
Change (1 day)
22.09%
Change (1 year)

P/E ratio for PTC Financial Services (PFS.NS)

P/E ratio as of November 2024 (TTM): 12.7

According to PTC Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6591. At the end of 2022 the company had a P/E ratio of 6.27.

P/E ratio history for PTC Financial Services from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.27-74.09%
202124.263.76%
202014.8140.39%
20196.15-164.83%
2018-9.48-207.71%
20178.8016.97%
20167.5318.65%
20156.34-68.95%
201420.4390.21%
20134.17

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.