Zensar
ZENSARTECH.NS
#4350
Rank
โ‚ฌ1.81 B
Marketcap
8,01ย โ‚ฌ
Share price
-1.65%
Change (1 day)
48.76%
Change (1 year)

P/E ratio for Zensar (ZENSARTECH.NS)

P/E ratio as of November 2024 (TTM): 30.7

According to Zensar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6963. At the end of 2022 the company had a P/E ratio of 14.2.

P/E ratio history for Zensar from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.2-54.68%
202131.465.03%
202019.033.9%
201914.2-17.38%
201817.2-21.21%
201721.850.74%
201614.5-5.87%
201515.444.06%
201410.752.1%
20137.030.53%
20126.99

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.