P/E ratio for Emami (EMAMILTD.NS)
P/E ratio as of April 2024 (TTM): 27.6
According to Emami's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6062. At the end of 2022 the company had a P/E ratio of 22.1.
P/E ratio history for Emami from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.1 | -45.19% |
| 2021 | 40.3 | -16.73% |
| 2020 | 48.4 | 15.64% |
| 2019 | 41.9 | -32.56% |
| 2018 | 62.1 | -32.45% |
| 2017 | 91.9 | 66.66% |
| 2016 | 55.2 | 2.16% |
| 2015 | 54.0 | 38.13% |
| 2014 | 39.1 | 39.94% |
| 2013 | 27.9 | -10.43% |
| 2012 | 31.2 |
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.