P/E ratio for BSE (BSE.NS)
P/E ratio as of May 2024 (TTM): 62.4
According to BSE 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.4283. At the end of 2022 the company had a P/E ratio of 36.7.
P/E ratio history for BSE from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.7 | -70.09% |
| 2021 | 123 | 62.98% |
| 2020 | 75.3 | 77.27% |
| 2019 | 42.5 | 178.94% |
| 2018 | 15.2 | -29.47% |
| 2017 | 21.6 |
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.