Dalmia Bharat
DALBHARAT.NS
#3152
Rank
โ‚ฌ3.65 B
Marketcap
19,47ย โ‚ฌ
Share price
-2.13%
Change (1 day)
-16.84%
Change (1 year)

P/E ratio for Dalmia Bharat (DALBHARAT.NS)

P/E ratio as of November 2024 (TTM): 33.3

According to Dalmia Bharat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.3393. At the end of 2022 the company had a P/E ratio of 46.7.

P/E ratio history for Dalmia Bharat from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246.752.12%
202130.7-6.63%
202032.9-6.75%
201935.3-64.5%
201899.4

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.