According to Berger Paints 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.7469. At the end of 2022 the company had a P/E ratio of 60.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 60.2 | -30.75% |
2021 | 86.9 | -25.82% |
2020 | 117 | 60.73% |
2019 | 72.9 | 11.45% |
2018 | 65.4 | 15.29% |
2017 | 56.7 | 15.32% |
2016 | 49.2 | -13.89% |
2015 | 57.1 | 11.92% |
2014 | 51.0 | 62.05% |
2013 | 31.5 | 29.38% |
2012 | 24.3 |
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.