P/E ratio for CRISIL (CRISIL.NS)
P/E ratio as of May 2024 (TTM): 51.6
According to CRISIL 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.5651. At the end of 2022 the company had a P/E ratio of 39.7.
P/E ratio history for CRISIL from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.7 | -11.92% |
| 2021 | 45.0 | 14.69% |
| 2020 | 39.3 | -1.99% |
| 2019 | 40.1 | 25.38% |
| 2018 | 32.0 | -28.2% |
| 2017 | 44.5 | -16.2% |
| 2016 | 53.1 | 8.12% |
| 2015 | 49.1 | -2.1% |
| 2014 | 50.2 | 76.59% |
| 2013 | 28.4 | -17.55% |
| 2012 | 34.5 |
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.