P/E ratio for Adani Ports & SEZ (ADANIPORTS.NS)
P/E ratio as of April 2024 (TTM): 45.2
According to Adani Ports & SEZ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.174. At the end of 2022 the company had a P/E ratio of 33.6.
P/E ratio history for Adani Ports & SEZ from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.6 | 11.75% |
| 2021 | 30.1 | 24.08% |
| 2020 | 24.3 | 51.79% |
| 2019 | 16.0 | -23.57% |
| 2018 | 20.9 | -8.75% |
| 2017 | 22.9 | 50.41% |
| 2016 | 15.2 | -25.19% |
| 2015 | 20.4 | -32.72% |
| 2014 | 30.3 | 83.88% |
| 2013 | 16.5 | -82.23% |
| 2012 | 92.6 |
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.