According to Indiabulls Housing Finance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62879. At the end of 2022 the company had a P/E ratio of 5.90.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.90 | -30.34% |
2021 | 8.47 | -3.97% |
2020 | 8.82 | 102.2% |
2019 | 4.36 | -51.64% |
2018 | 9.02 | -36.58% |
2017 | 14.2 | 42.2% |
2016 | 10.0 | -19.46% |
2015 | 12.4 | 43% |
2014 | 8.69 | 142.54% |
2013 | 3.58 |
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.