P/E ratio for Powergrid Corporation of India (POWERGRID.NS)
P/E ratio as of July 2025 (TTM): 17.1
According to Powergrid Corporation of India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0822. At the end of 2025 the company had a P/E ratio of 17.3.
P/E ratio history for Powergrid Corporation of India from 2009 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2025 | 17.3 | 3.58% |
| 2024 | 16.7 | 66.31% |
| 2023 | 10.1 | 11.8% |
| 2022 | 9.00 | -6.42% |
| 2021 | 9.62 | 30.63% |
| 2020 | 7.36 | -27.78% |
| 2019 | 10.2 | -17.98% |
| 2018 | 12.4 | -9.44% |
| 2017 | 13.7 | 11.87% |
| 2016 | 12.3 | -18.34% |
| 2015 | 15.0 | 31.75% |
| 2014 | 11.4 | 0.75% |
| 2013 | 11.3 | -25.27% |
| 2012 | 15.1 | -8.07% |
| 2011 | 16.5 | -25.11% |
| 2010 | 22.0 | -6.46% |
| 2009 | 23.5 | -13.99% |
| 2008 | 27.3 |
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.