P/E ratio for Coal India (COALINDIA.NS)
P/E ratio as of April 2024 (TTM): 9.88
According to Coal India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.88249. At the end of 2022 the company had a P/E ratio of 4.73.
P/E ratio history for Coal India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.73 | -19.81% |
| 2021 | 5.90 | -9.9% |
| 2020 | 6.55 | -9.21% |
| 2019 | 7.21 | -38.54% |
| 2018 | 11.7 | -39.85% |
| 2017 | 19.5 | 13.07% |
| 2016 | 17.3 | 16.8% |
| 2015 | 14.8 | -15.2% |
| 2014 | 17.4 | 53.02% |
| 2013 | 11.4 | -18.26% |
| 2012 | 13.9 |
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.