According to Dr. Reddy's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.9019. At the end of 2022 the company had a P/E ratio of 3.82.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.82 | -33.03% |
2021 | 5.70 | -31.57% |
2020 | 8.33 | 44.76% |
2019 | 5.75 | 15.87% |
2018 | 4.97 | -38.85% |
2017 | 8.12 | -22.84% |
2016 | 10.5 | 151.93% |
2015 | 4.18 | -13.41% |
2014 | 4.82 | 29.94% |
2013 | 3.71 | -16.03% |
2012 | 4.42 | 30.15% |
2011 | 3.40 | -43.59% |
2010 | 6.02 | -253.81% |
2009 | -3.92 | -245.48% |
2008 | 2.69 | -38.1% |
2007 | 4.35 | -0.76% |
2006 | 4.38 | -58.01% |
2005 | 10.4 | -36.77% |
2004 | 16.5 | 100.2% |
2003 | 8.24 | 30.8% |
2002 | 6.30 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
14.2 | 264.17% | ๐บ๐ธ USA | |
-10.4 | -367.56% | ๐ฎ๐ฑ Israel | |
9.78 | 150.60% | ๐ฌ๐ง UK | |
26.5 | 579.09% | ๐จ๐ญ Switzerland | |
15.4 | 294.39% | ๐ซ๐ท France |
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.