According to Geojit Financial Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3123. At the end of 2022 the company had a P/E ratio of 10.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.9 | -7.34% |
2021 | 11.8 | -6.21% |
2020 | 12.6 | -35.19% |
2019 | 19.4 | -36.12% |
2018 | 30.3 | -25.32% |
2017 | 40.6 | 137.31% |
2016 | 17.1 | -9.19% |
2015 | 18.8 | 13.08% |
2014 | 16.7 | -281.66% |
2013 | -9.17 | -216.26% |
2012 | 7.89 |
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.