BASF India
BASF.NS
#4141
Rank
$1.91 B
Marketcap
$44.21
Share price
1.92%
Change (1 day)
51.15%
Change (1 year)

P/E ratio for BASF India (BASF.NS)

P/E ratio as of April 2024 (TTM): 48.2

According to BASF India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.2467. At the end of 2022 the company had a P/E ratio of 25.9.

P/E ratio history for BASF India from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.9-0.98%
202126.2101.46%
202013.0-80.39%
201966.3-39.25%
2018109163.29%
201741.5-81.76%
2016227-1030.44%
2015-24.4-99.56%
2014< -1000-10913.4%
201351.878.86%
201228.9

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.