6-July-2021

https://www.livemint.com/market/stock-market-news/more-gains-seen-in-this-rakesh-jhunjhunwala-stock-despite-180-jump-in-one-year-11625457727015.html

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Sholay - Jai-Mausi (Property Indexation)

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What is P/E ratio?       In some words P/E ratio = Current stock price / EPS (Earnings per share) of the year.       Here, Current stock price is the price at which trading is going on or the latest close price of a stock and EPS is Earning per share of recent 4 quarters which is also know as TTM EPS (Trailing 12 months ).       Lets take an example and calculate the P/E ratio for a company for better understanding. Lets take XYZ Industries.       Current Price - 2840/-       For EPS let me show you what data you need.     So TTM EPS = 28.53+ 23.67 + 25.71+ 25.52 = 103.43       So P/E ratio = 2840/103.43 = 27.4       Now PE ratio is available at many places but its important to understand where it comes from for knowing its significance. Significance of P/E ratio:       P/E ratio gives us an idea on the valuation o...
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