Bata India
BATAINDIA.NS
#4026
Rank
$2.11 B
Marketcap
$16.49
Share price
1.27%
Change (1 day)
-13.64%
Change (1 year)
Categories

P/E ratio for Bata India (BATAINDIA.NS)

P/E ratio as of May 2024 (TTM): 56.1

According to Bata India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.0789. At the end of 2022 the company had a P/E ratio of 66.2.

P/E ratio history for Bata India from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202266.2-80.91%
2021347-237.35%
2020-252-523.99%
201959.5

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.