Top Markets
Coin of the day
Kanel Industries Limited Kanel Industries Limited

Kanel Industries Limited

KANELIND
Rank in Stocks #20366
Kanel Industries Ltd. engages in the distribution of castor seeds and vegetable... Kanel Industries Ltd. engages in the distribution of castor seeds and vegetable oils. It operates through castor division, which processes and exports premium refined castor, refined castor and pharma grade castor oil and castor meal. The company was founded on January 29, 1992 and is headquartered in Ahmedabad, India.
Share Price
$0.18805135
Market Cap
$242.37K
Change (1 day)
0.00%
Change (1 year)
656.43%
Country
IN
Trade Kanel Industries Limited (KANELIND)

Category

P/E ratio for Kanel Industries Limited (KANELIND)
P/E ratio as of March 2026 TTM: -44.18
According to Kanel Industries Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44.18. At the end of 2024 the company had a P/E ratio of -7.98.
P/E ratio history for Kanel Industries Limited from 2008 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -44.18 -45.02%
2025 -80.35 906.88%
2024 -7.98 -54.27%
2023 -17.45 -104.45%
2022 392.16 -3,311.59%
2021 -12.21 375.53%
2020 -2.57 -72.62%
2019 -9.38 -87.13%
2018 -72.88 1,495.35%
2017 -4.57 -80.88%
2016 -23.89 -80.80%
2015 -124.43 3.43%
2014 -120.30 456.44%
2013 -21.62 -26.99%
2012 -29.61 -624.80%
2011 5.64 -109.81%
2010 -57.49 0.00%
2009 0.00 0.00%
2008 0.00 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
39.57 -189.56%
IN
1.25 -102.83%
IN
17.58 -139.79%
IN
13.56 -130.69%
IN
-5.39 -87.79%
IN
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.