P/E ratio for Cantabil Retail India (CANTABIL.NS)
P/E ratio as of May 2024 (TTM): 12.0
According to Cantabil Retail India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.049. At the end of 2022 the company had a P/E ratio of 107.
P/E ratio history for Cantabil Retail India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 107 | 8.05% |
| 2021 | 99.1 | -19.74% |
| 2020 | 123 | 98.19% |
| 2019 | 62.3 | 31.04% |
| 2018 | 47.5 | -72.11% |
| 2017 | 170 | 59.93% |
| 2016 | 107 | 95.52% |
| 2015 | 54.5 | -186.32% |
| 2014 | -63.1 | 4372.41% |
| 2013 | -1.41 | 25.7% |
| 2012 | -1.12 |
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.