Dev Labtech Venture Limited
DEVLAB
Rank in Stocks
#23666
Dev Labtech Venture Limited specializes in the creation, global distribution,... Dev Labtech Venture Limited specializes in the creation, global distribution, and acquisition of both natural and laboratory-grown diamonds. Its production processes cover the entire journey, from refining rough natural stones into polished gems, to cultivating lab-grown diamonds from their initial seed form to their perfected state. These diamonds are presented in a wide array of sizes, shapes, clarity levels, and colors. The company commenced operations on April 29, 1993, and maintains its primary office in Bhavnagar, India.
Share Price
$0.27824365
Last synced: 2026-11-09
Market Cap
$39.67M
Change (1 day)
0.04%
Change (1 year)
61.11%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Dev Labtech Venture Limited (DEVLAB)
Category
Consumer Cyclical
P/E ratio for Dev Labtech Venture Limited (DEVLAB)
P/E ratio as of November 2026 TTM: 32.40
According to Dev Labtech Venture Limited's latest financial reports and stock price, its current price-to-earnings ratio (TTM) is 32.40. At the end of 2025 the company had a P/E ratio of 37.05.
P/E ratio history for Dev Labtech Venture Limited from 2019 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 32.40 | -12.55% |
| 2025 | 37.05 | -42.84% |
| 2024 | 64.81 | -20.66% |
| 2023 | 81.69 | 31.00% |
| 2022 | 62.36 | -94.38% |
| 2021 | 1.11K | -98.90% |
| 2020 | 101.32K | 25,245.87% |
| 2019 | 399.74 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 16.18 | -50.06% |
US
|
|
| 22.83 | -29.55% |
US
|
|
| 8.85 | -72.70% |
US
|
|
| -1.28K | -4,053.53% |
JP
|
|
| -15.84 | -148.89% |
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.
Questions about Dev Labtech Venture Limited's P/E ratio
What is Dev Labtech Venture Limited's P/E ratio?
Dev Labtech Venture Limited's P/E ratio is 32.40, as of Nov 2026.
What was Dev Labtech Venture Limited's P/E ratio in 2025?
In 2025, Dev Labtech Venture Limited's P/E ratio was 37.05, compared with 64.81 in 2024.
How has Dev Labtech Venture Limited's P/E ratio changed since 2020?
From 2020 to 2025, Dev Labtech Venture Limited's P/E ratio was highest in 2020 (101.32K) and lowest in 2025 (37.05).
How does Dev Labtech Venture Limited's P/E ratio compare with similar companies?
Dev Labtech Venture Limited's P/E ratio (32.40) is higher than that of all 5 similar companies listed above. The highest among them is Frontdoor, Inc., with 22.83.