P/E ratio for Berger Paints (BERGEPAINT.NS)
P/E ratio as of April 2024 (TTM): 54.2
According to Berger Paints 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.2195. At the end of 2022 the company had a P/E ratio of 72.2.
P/E ratio history for Berger Paints from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 72.2 | -30.75% |
| 2021 | 104 | -25.82% |
| 2020 | 141 | 60.73% |
| 2019 | 87.5 | 11.45% |
| 2018 | 78.5 | 15.29% |
| 2017 | 68.1 | 15.32% |
| 2016 | 59.0 | -13.89% |
| 2015 | 68.6 | 11.92% |
| 2014 | 61.3 | 62.05% |
| 2013 | 37.8 | 29.38% |
| 2012 | 29.2 |
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.