Godrej Properties
GODREJPROP.NS
#2481
Rank
$3.93 B
Marketcap
$14.16
Share price
-0.92%
Change (1 day)
-52.29%
Change (1 year)

P/E ratio for Godrej Properties (GODREJPROP.NS)

P/E ratio as of September 2022 (TTM): 218

According to Godrej Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 218.363. At the end of 2021 the company had a P/E ratio of -448.

P/E ratio history for Godrej Properties from 2011 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-448-228.51%
2020348
201860.3-38.12%
201797.597.74%
201649.3

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.