Tata Motors
TATAMOTORS.NS
#462
Rank
$42.35 B
Marketcap
$11.55
Share price
0.51%
Change (1 day)
78.86%
Change (1 year)

P/E ratio for Tata Motors (TATAMOTORS.NS)

P/E ratio as of May 2024 (TTM): 481

According to Tata Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 480.976. At the end of 2018 the company had a P/E ratio of -11.2.

P/E ratio history for Tata Motors from 2005 to 2017

PE ratio at the end of each year

Year P/E ratio Change
2018-11.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.7-97.77%๐Ÿ‡ฏ๐Ÿ‡ต Japan
8.01-98.34%๐Ÿ‡บ๐Ÿ‡ธ USA

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.