Apar Industries
APARINDS.NS
#2800
Rank
NZ$8.34 B
Marketcap
$207.73
Share price
-1.76%
Change (1 day)
93.43%
Change (1 year)

P/E ratio for Apar Industries (APARINDS.NS)

P/E ratio as of December 2024 (TTM): 53.7

According to Apar Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.6757. At the end of 2022 the company had a P/E ratio of 13.9.

P/E ratio history for Apar Industries from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.93.85%
202113.436.35%
20209.834%
20199.46-49.49%
201818.7-13.3%
201721.6

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.