Chennai Petroleum
CHENNPETRO.NS
#5411
Rank
$0.44 B
Marketcap
$3.00
Share price
1.73%
Change (1 day)
75.44%
Change (1 year)

P/E ratio for Chennai Petroleum (CHENNPETRO.NS)

P/E ratio as of October 2022 (TTM): 1.29

According to Chennai Petroleum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.29161. At the end of 2015 the company had a P/E ratio of 3.52.

P/E ratio history for Chennai Petroleum from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20153.52-218.69%
2014-2.97

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.