P/E ratio for JSW Energy (JSWENERGY.NS)
P/E ratio as of June 2024 (TTM): 55.3
According to JSW Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.3425. At the end of 2022 the company had a P/E ratio of 22.8.
P/E ratio history for JSW Energy from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.8 | -55.26% |
| 2021 | 51.0 | 264.96% |
| 2020 | 14.0 | 1.59% |
| 2019 | 13.8 | -74.54% |
| 2018 | 54.1 | 112.54% |
| 2017 | 25.4 | 131.55% |
| 2016 | 11.0 | 17.01% |
| 2015 | 9.39 | -33.31% |
| 2014 | 14.1 | 39.38% |
| 2013 | 10.1 |
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.