P/E ratio for Ashiana Housing (ASHIANA.NS)
P/E ratio as of May 2024 (TTM): 133
According to Ashiana Housing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 132.707. At the end of 2022 the company had a P/E ratio of 52.9.
P/E ratio history for Ashiana Housing from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 52.9 | -164.49% |
| 2021 | -82.1 | -77.56% |
| 2020 | -366 | 952.48% |
| 2019 | -34.8 | -211.95% |
| 2018 | 31.0 | 3.82% |
| 2017 | 29.9 | 148.88% |
| 2016 | 12.0 | -60.96% |
| 2015 | 30.8 | -66.72% |
| 2014 | 92.5 | 309.49% |
| 2013 | 22.6 |
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.