Radio City
RADIOCITY.NS
#9304
Rank
S$66.22 M
Marketcap
$0.19
Share price
-1.23%
Change (1 day)
-20.43%
Change (1 year)

P/E ratio for Radio City (RADIOCITY.NS)

P/E ratio as of November 2024 (TTM): 114

According to Radio City's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 114.405. At the end of 2022 the company had a P/E ratio of 342.

P/E ratio history for Radio City from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022342-400.71%
2021-114310.71%
2020-27.7-294.82%
201914.2-52.5%
201829.9-43.45%
201752.9

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.