IndiaMART
INDIAMART.NS
#4143
Rank
$1.92 B
Marketcap
$32.04
Share price
-0.33%
Change (1 day)
-45.39%
Change (1 year)

P/E ratio for IndiaMART (INDIAMART.NS)

P/E ratio as of February 2024 (TTM): 50.5

According to IndiaMART's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.4725. At the end of 2022 the company had a P/E ratio of 92.5.

P/E ratio history for IndiaMART from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202292.5-40.54%
202115612.59%
202013856.3%
201988.4

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.