P/E ratio for NBCC India (NBCC.NS)
P/E ratio as of March 2025 (TTM): 40.7
According to NBCC India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.7316. At the end of 2022 the company had a P/E ratio of 24.0.
P/E ratio history for NBCC India from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.0 | 18.71% |
| 2021 | 20.2 | 27.57% |
| 2020 | 15.8 | -48.27% |
| 2019 | 30.6 | 33.79% |
| 2018 | 22.8 | -54.63% |
| 2017 | 50.4 | 60.9% |
| 2016 | 31.3 | 17.88% |
| 2015 | 26.5 | 0.36% |
| 2014 | 26.5 | 446.45% |
| 2013 | 4.84 |
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.