P/E ratio for 3i Infotech (3IINFOLTD.NS)
P/E ratio as of May 2024 (TTM): 468
According to 3i Infotech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 467.5. At the end of 2022 the company had a P/E ratio of 25.8.
P/E ratio history for 3i Infotech from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.8 | 401.3% |
| 2021 | 5.14 | -75.03% |
| 2020 | 20.6 | 403.2% |
| 2019 | 4.10 | -59.05% |
| 2018 | 10.0 | -28.41% |
| 2017 | 14.0 | -1017.21% |
| 2016 | -1.52 | 5497.72% |
| 2015 | -0.0272 | -96.53% |
| 2014 | -0.7849 | -45.55% |
| 2013 | -1.44 | 377.53% |
| 2012 | -0.3019 |
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.