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Confidence Finance and Trading Limited Confidence Finance and Trading Limited

Confidence Finance and Trading Limited

CONFINT
Rank in Stocks #38388
Confidence Finance & Trading Ltd. specializes in financial and commercial... Confidence Finance & Trading Ltd. specializes in financial and commercial operations, including the acquisition and disposition of securities. The company was incorporated on September 16, 1980, and maintains its principal office in Mumbai, India.
Share Price
$0.09862844
Last synced: 2024-09-03
Market Cap
$1.01M
Change (1 day)
1.94%
Change (1 year)
0.00%
Country
IN
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P/E ratio for Confidence Finance and Trading Limited (CONFINT)
P/E ratio as of August 2026 TTM: 17.76
According to Confidence Finance and Trading Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.76. At the end of 2023 the company had a P/E ratio of 107.42.
P/E ratio history for Confidence Finance and Trading Limited from 2008 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 17.76 12.34%
2024 15.81 -85.28%
2023 107.42 -62.35%
2022 285.31 -116.26%
2021 -1.76K -3,620.80%
2020 49.85 -34.08%
2019 75.63 -7.36%
2018 81.64 -80.51%
2017 418.84 80.81%
2016 231.64 210.92%
2015 74.50 -51.19%
2014 152.63 -65.64%
2013 444.23 219.60%
2012 138.99 201,630.91%
2011 0.07 -93.13%
2010 1.00 -87.31%
2009 7.91 0.00%
2008 0.00 0.00%
P/E ratio for similar companies or competitors
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.