P/E ratio for Igarashi Motors India (IGARASHI.NS)
P/E ratio as of May 2024 (TTM): 151
According to Igarashi Motors India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 151.443. At the end of 2022 the company had a P/E ratio of -224.
P/E ratio history for Igarashi Motors India from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -224 | -328.19% |
| 2021 | 98.4 | 55.23% |
| 2020 | 63.4 | 90.43% |
| 2019 | 33.3 | 21.57% |
| 2018 | 27.4 | -19.03% |
| 2017 | 33.8 | 17.69% |
| 2016 | 28.7 | -5.37% |
| 2015 | 30.4 | 39.23% |
| 2014 | 21.8 | 328.09% |
| 2013 | 5.09 |
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.