Multi Commodity Exchange
MCX.NS
#3183
Rank
โ‚น323.36 B
Marketcap
โ‚น6,353
Share price
0.16%
Change (1 day)
102.04%
Change (1 year)

P/E ratio for Multi Commodity Exchange (MCX.NS)

P/E ratio as of December 2024 (TTM): 207

According to Multi Commodity Exchange's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 206.551. At the end of 2022 the company had a P/E ratio of 43.9.

P/E ratio history for Multi Commodity Exchange from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202243.9-20.68%
202155.458.64%
202034.936.36%
201925.6-18.22%
201831.3-35.74%
201748.7

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.