P/E ratio for Shriram Pistons & Rings (SHRIPISTON.NS)
P/E ratio as of July 2025 (TTM): 21.5
According to Shriram Pistons & Rings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5443. At the end of 2025 the company had a P/E ratio of 16.1.
P/E ratio history for Shriram Pistons & Rings from 2019 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2025 | 16.1 | -17.51% |
| 2024 | 19.5 | 158.39% |
| 2023 | 7.54 | -22.24% |
| 2022 | 9.69 | -54.09% |
| 2021 | 21.1 | 65.65% |
| 2020 | 12.7 | -23.3% |
| 2019 | 16.6 | -31.62% |
| 2018 | 24.3 | 5.66% |
| 2017 | 23.0 |
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.