P/E ratio for Atul (ATUL.NS)
P/E ratio as of March 2023 (TTM): 34.9
According to Atul's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.8817. At the end of 2022 the company had a P/E ratio of 50.7.
P/E ratio history for Atul from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 50.7 | 59.1% |
| 2021 | 31.9 | 88.23% |
| 2020 | 16.9 | -30.52% |
| 2019 | 24.4 | -13.56% |
| 2018 | 28.2 | 27.68% |
| 2017 | 22.1 | 34.59% |
| 2016 | 16.4 | 16.89% |
| 2015 | 14.0 | 138.75% |
| 2014 | 5.88 | -23.03% |
| 2013 | 7.64 | 22.27% |
| 2012 | 6.25 | 9.18% |
| 2011 | 5.72 | 24.04% |
| 2010 | 4.62 | 54.09% |
| 2009 | 3.00 | -48.52% |
| 2008 | 5.82 | -46.42% |
| 2007 | 10.9 | 146.97% |
| 2006 | 4.40 | -72.06% |
| 2005 | 15.7 |
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.