Karur Vysya Bank
KARURVYSYA.NS
#4248
Rank
HK$16.09 B
Marketcap
HK$20.00
Share price
1.91%
Change (1 day)
41.77%
Change (1 year)

P/E ratio for Karur Vysya Bank (KARURVYSYA.NS)

P/E ratio as of November 2024 (TTM): 12.5

According to Karur Vysya Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.471. At the end of 2022 the company had a P/E ratio of 9.23.

P/E ratio history for Karur Vysya Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.2343.06%
20216.45-40.21%
202010.8-52.72%
201922.8-36.15%
201835.7126.4%
201715.8211.12%
20165.07-52.22%
201510.6-24.59%
201414.177.07%
20137.95-28.81%
201211.2

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.