According to Vedanta's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0227. At the end of 2022 the company had a P/E ratio of 7.89.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.89 | 21.29% |
2021 | 6.50 | -171.11% |
2020 | -9.15 | -237.25% |
2019 | 6.66 | -17.78% |
2018 | 8.10 | -50.57% |
2017 | 16.4 | -286.22% |
2016 | -8.80 | 467.42% |
2015 | -1.55 | -100.95% |
2014 | 164 | 5429.8% |
2013 | 2.96 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 98.4 | 601.81% | ๐จ๐ฆ Canada |
![]() | 11.4 | -18.83% | ๐บ๐ธ USA |
![]() | 8.06 | -42.53% | ๐บ๐ธ USA |
![]() | 22.6 | 61.05% | ๐บ๐ธ USA |
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.