Britannia Industries
BRITANNIA.NS
#1318
Rank
$13.44 B
Marketcap
$55.83
Share price
0.97%
Change (1 day)
-11.31%
Change (1 year)

P/E ratio for Britannia Industries (BRITANNIA.NS)

P/E ratio as of December 2024 (TTM): 43.7

According to Britannia Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.7358. At the end of 2022 the company had a P/E ratio of 48.4.

P/E ratio history for Britannia Industries from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202248.4-15.89%
202157.625.37%
202045.9-16.39%
201954.9-17.42%
201866.511.26%
201759.850.58%
201639.7-11.47%
201544.827.82%
201435.120.9%
201329.0

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.