P/E ratio for CG Power and Industrial Solutions (CGPOWER.NS)
P/E ratio as of March 2025 (TTM): 85.5
According to CG Power and Industrial Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 85.5277. At the end of 2022 the company had a P/E ratio of 62.9.
P/E ratio history for CG Power and Industrial Solutions from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 62.9 | 333.85% |
| 2021 | 14.5 | 268.93% |
| 2020 | 3.93 | -1293.47% |
| 2019 | -0.3291 | -89.45% |
| 2018 | -3.12 | -44.88% |
| 2017 | -5.66 | -78.63% |
| 2016 | -26.5 | 378.15% |
| 2015 | -5.54 | -163.99% |
| 2014 | 8.65 | -37.13% |
| 2013 | 13.8 | -79.44% |
| 2012 | 66.9 |
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.