Top Markets
Coin of the day
Ador Fontech Limited Ador Fontech Limited

Ador Fontech Limited

ADORFO
Rank in Stocks #24942
Ador Fontech Ltd., founded on August 22, 1974, and based in Bangalore, India,... Ador Fontech Ltd., founded on August 22, 1974, and based in Bangalore, India, specializes in the manufacturing and distribution of various welding solutions. The company's comprehensive product line features welding electrodes and wires, essential welding and safety equipment, advanced hyperthermia plasma cutting systems, materials engineered for wear resistance, thermal spray products, and a wide array of accompanying services.
Share Price
$1.57
Last synced: 2024-09-24
Market Cap
$55.04M
Change (1 day)
-6.92%
Change (1 year)
0.00%
Country
IN
Trade Ador Fontech Limited (ADORFO)

Category

P/E ratio for Ador Fontech Limited (ADORFO)
P/E ratio as of August 2026 TTM: 20.96
According to Ador Fontech Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.96. At the end of 2023 the company had a P/E ratio of 17.54.
P/E ratio history for Ador Fontech Limited from 2007 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 20.96 3.18%
2024 20.31 15.77%
2023 17.54 53.16%
2022 11.45 -11.20%
2021 12.90 52.92%
2020 8.43 -48.00%
2019 16.22 -42.54%
2018 28.23 37.70%
2017 20.50 21.31%
2016 16.90 42.82%
2015 11.83 21.52%
2014 9.74 62.33%
2013 6.00 -28.29%
2012 8.36 -0.74%
2011 8.43 74.25%
2010 4.84 86.65%
2009 2.59 -38.71%
2008 4.23 -7.75%
2007 4.58 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
- -
US
27.68 32.09%
DE
- -
FR
- -
DE
36.53 74.34%
US
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.