Blue Dart Express
BLUEDART.NS
#3865
Rank
$1.88 B
Marketcap
$79.14
Share price
-1.95%
Change (1 day)
-14.27%
Change (1 year)

P/E ratio for Blue Dart Express (BLUEDART.NS)

P/E ratio as of January 2023 (TTM): 33.9

According to Blue Dart Express 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.9495. At the end of 2022 the company had a P/E ratio of 42.1.

P/E ratio history for Blue Dart Express from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202242.1-67.72%
2021130-205.18%
2020-124-231.51%
201994.252.34%
201861.8-29.65%
201787.916.84%
201675.2-42.66%
201513186.35%
201470.4
201130.211.16%
201027.24.93%
200925.9104.68%
200812.7-50.62%
200725.71.75%
200625.2-15.89%
200530.0

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.