Paramount Spinning - PASM - Stock Price and Chart
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PASM Stock Price and Chart

Paramount Spinning

Change Rs. 0.27 (0.13%)

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1.75 2.02 1.75 2.45 2,000

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Price-to-Earnings Ratio (P/E)

What you Need ?

Income Statement, Most Recent Stock Price

Formula

P/E Ratio = Price per Share / Earnings Per Share

Meaning

Think of the price-to-earnings ratio as the price you'll pay for $1 of earnings. A very, very general rule of thumb is that shares trading at a "low" P/E are a value, though the definition of "low" varies from industry to industry.

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Based on 2020-02-17 data
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Hafiz Rashid
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