P/E ratio for Balkrishna Industries (BALKRISIND.NS)
P/E ratio as of July 2025 (TTM): 31.7
According to Balkrishna Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7439. At the end of 2024 the company had a P/E ratio of 30.0.
P/E ratio history for Balkrishna Industries from 2019 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 30.0 | -16.44% |
| 2023 | 35.9 | 26.58% |
| 2022 | 28.4 | 4.24% |
| 2021 | 27.2 | 68.49% |
| 2020 | 16.2 | -34.74% |
| 2019 | 24.8 | -12.83% |
| 2018 | 28.4 | 49.5% |
| 2017 | 19.0 | 40.69% |
| 2016 | 13.5 | 7.27% |
| 2015 | 12.6 | 27.52% |
| 2014 | 9.87 | 36.03% |
| 2013 | 7.26 | -21.5% |
| 2012 | 9.24 | 44.87% |
| 2011 | 6.38 | 16.34% |
| 2010 | 5.48 | 65.16% |
| 2009 | 3.32 | -63.58% |
| 2008 | 9.12 | -12.28% |
| 2007 | 10.4 | -56.1% |
| 2006 | 23.7 |
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.