P/E ratio for Anant Raj (ANANTRAJ.NS)
P/E ratio as of April 2024 (TTM): 56.8
According to Anant Raj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.7815. At the end of 2022 the company had a P/E ratio of 27.7.
P/E ratio history for Anant Raj from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.7 | -48.83% |
| 2021 | 54.1 | -32.94% |
| 2020 | 80.7 | 145.3% |
| 2019 | 32.9 | 93.33% |
| 2018 | 17.0 | -53.36% |
| 2017 | 36.5 | 114.17% |
| 2016 | 17.0 | -4.28% |
| 2015 | 17.8 | 95.96% |
| 2014 | 9.08 | -80.14% |
| 2013 | 45.7 | 163.28% |
| 2012 | 17.4 |
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.