Blue Dart Express
BLUEDART.NS
#4130
Rank
ยฃ1.71 B
Marketcap
ยฃ72.26
Share price
-0.65%
Change (1 day)
11.14%
Change (1 year)

P/E ratio for Blue Dart Express (BLUEDART.NS)

P/E ratio as of November 2024 (TTM): 62.3

According to Blue Dart Express 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.3246. At the end of 2022 the company had a P/E ratio of 47.0.

P/E ratio history for Blue Dart Express from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202247.05.1%
202144.8-108.64%
2020-518-109.49%
2019> 1000

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.