P/E ratio for Welspun India (WELSPUNIND.NS)
P/E ratio as of April 2025 (TTM): 41.2
According to Welspun India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.2198. At the end of 2022 the company had a P/E ratio of 60.2.
P/E ratio history for Welspun India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 60.2 | 181.92% |
| 2021 | 21.4 | 55.13% |
| 2020 | 13.8 | -2.16% |
| 2019 | 14.1 | -11.96% |
| 2018 | 16.0 | -0.82% |
| 2017 | 16.1 | 1.29% |
| 2016 | 15.9 | 21.9% |
| 2015 | 13.1 | 81.68% |
| 2014 | 7.19 | -29.57% |
| 2013 | 10.2 | 39.42% |
| 2012 | 7.32 |
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.