Adani Transmission
ADANITRANS.NS
#1445
Rank
$11.94 B
Marketcap
$10.70
Share price
-7.26%
Change (1 day)
-21.67%
Change (1 year)

P/E ratio for Adani Transmission (ADANITRANS.NS)

P/E ratio as of March 2024 (TTM): 78.8

According to Adani Transmission's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 78.779. At the end of 2022 the company had a P/E ratio of 276.

P/E ratio history for Adani Transmission from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227639.69%
202119899.46%
202099.2-49.6%
2019197169.78%
201872.9228.02%
201722.250.47%
201614.8

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.