According to Siemens India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 88.0106. At the end of 2022 the company had a P/E ratio of 57.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 57.3 | -28.87% |
2021 | 80.6 | 14.77% |
2020 | 70.2 | 49.43% |
2019 | 47.0 | |
2015 | 65.3 | 137.06% |
2014 | 27.6 | -77.19% |
2013 | 121 | 75.29% |
2012 | 68.9 |
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.