Escorts Limited
ESCORTS.NS
#2965
Rank
$3.97 B
Marketcap
$36.67
Share price
2.13%
Change (1 day)
51.28%
Change (1 year)

P/E ratio for Escorts Limited (ESCORTS.NS)

P/E ratio as of April 2024 (TTM): 40.7

According to Escorts Limited 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.6617. At the end of 2022 the company had a P/E ratio of 37.3.

P/E ratio history for Escorts Limited from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202237.346.77%
202125.458.15%
202016.126.6%
201912.7

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.