P/E ratio for Godrej Properties (GODREJPROP.NS)
P/E ratio as of April 2024 (TTM): 105
According to Godrej Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 105.317. At the end of 2022 the company had a P/E ratio of 81.1.
P/E ratio history for Godrej Properties from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 81.1 | -118.11% |
| 2021 | -448 | -229.76% |
| 2020 | 345 | 385.36% |
| 2019 | 71.1 | 17.87% |
| 2018 | 60.3 | -57.49% |
| 2017 | 142 | 187.84% |
| 2016 | 49.3 | 63.63% |
| 2015 | 30.1 | 10.55% |
| 2014 | 27.3 | 53.9% |
| 2013 | 17.7 | -41.35% |
| 2012 | 30.2 |
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.