P/E ratio for Bata India (BATAINDIA.NS)
P/E ratio as of June 2023 (TTM): 58.4
According to Bata India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.4297. At the end of 2022 the company had a P/E ratio of 244.
P/E ratio history for Bata India from 2019 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 244 | -220.9% |
| 2021 | -202 | -528.2% |
| 2020 | 47.2 | -12.93% |
| 2019 | 54.2 | 23.39% |
| 2018 | 43.9 | -4.6% |
| 2017 | 46.0 | 55.17% |
| 2016 | 29.7 | -0.83% |
| 2015 | 29.9 | |
| 2013 | 35.2 | 7.82% |
| 2012 | 32.7 | 148.35% |
| 2011 | 13.2 | -50.14% |
| 2010 | 26.4 | 40.28% |
| 2009 | 18.8 | 84.24% |
| 2008 | 10.2 | -77.05% |
| 2007 | 44.5 | -6.57% |
| 2006 | 47.6 | -57.35% |
| 2005 | 112 | -1544.23% |
| 2004 | -7.73 | -42.65% |
| 2003 | -13.5 |
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.