Varun Beverages
VBL.NS
#793
Rank
โ‚น2.118 T
Marketcap
โ‚น652.15
Share price
0.84%
Change (1 day)
78.78%
Change (1 year)

P/E ratio for Varun Beverages (VBL.NS)

P/E ratio as of September 2024 (TTM): 44.1

According to Varun Beverages 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.0595. At the end of 2022 the company had a P/E ratio of 57.4.

P/E ratio history for Varun Beverages from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202257.43.44%
202155.5-31%
202080.491.39%
201942.0-43.83%
201874.831.43%
201756.9-23.35%
201674.2

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.