Accelya
ACCELYA.NS
#6511
Rank
$0.30 B
Marketcap
$20.53
Share price
-0.64%
Change (1 day)
19.50%
Change (1 year)

P/E ratio for Accelya (ACCELYA.NS)

P/E ratio as of April 2024 (TTM): 20.0

According to Accelya 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9924. At the end of 2022 the company had a P/E ratio of 21.0.

P/E ratio history for Accelya from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.0-20.08%
202126.3-25.1%
202035.1147.21%
201914.2-2.34%
201814.6-36.3%
201722.83.76%
201622.08.27%
201520.36.18%
201419.135.42%
201314.1

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.