According to BASF India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.8934. At the end of 2022 the company had a P/E ratio of 25.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 25.9 | -0.98% |
2021 | 26.2 | 101.46% |
2020 | 13.0 | -80.39% |
2019 | 66.3 | -39.25% |
2018 | 109 | 163.29% |
2017 | 41.5 | -81.76% |
2016 | 227 | -1030.44% |
2015 | -24.4 | -99.56% |
2014 | < -1000 | -10913.4% |
2013 | 51.8 | 78.86% |
2012 | 28.9 |
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.