P/E ratio for Bharti Airtel (BHARTIARTL.NS)
P/E ratio as of April 2024 (TTM): 96.2
According to Bharti Airtel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 96.2412. At the end of 2022 the company had a P/E ratio of 61.5.
P/E ratio history for Bharti Airtel from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 61.5 | -50.96% |
| 2021 | 125 | -1023.1% |
| 2020 | -13.6 | 54.98% |
| 2019 | -8.77 | -102.71% |
| 2018 | 324 | 109.51% |
| 2017 | 155 | 489.61% |
| 2016 | 26.2 | 10.58% |
| 2015 | 23.7 | -19.14% |
| 2014 | 29.3 | -48.13% |
| 2013 | 56.5 | 27.73% |
| 2012 | 44.2 |
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.