P/E ratio for GMR Group (GMRINFRA.NS)
P/E ratio as of May 2024 (TTM): -142
According to GMR Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -142.471. At the end of 2022 the company had a P/E ratio of 209.
P/E ratio history for GMR Group from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 209 | -1366.7% |
| 2021 | -16.5 | 247.36% |
| 2020 | -4.75 | 46.57% |
| 2019 | -3.24 | -56.68% |
| 2018 | -7.49 | -24.38% |
| 2017 | -9.90 | 194.52% |
| 2016 | -3.36 | -10.75% |
| 2015 | -3.77 | -69.69% |
| 2014 | -12.4 | -25.33% |
| 2013 | -16.6 | 89.24% |
| 2012 | -8.80 |
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.