Vesuvius India
VESUVIUS.NS
#5289
Rank
โ‚น98.26 B
Marketcap
โ‚น4,842
Share price
1.22%
Change (1 day)
35.97%
Change (1 year)

P/E ratio for Vesuvius India (VESUVIUS.NS)

P/E ratio as of December 2024 (TTM): 51.9

According to Vesuvius India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.9011. At the end of 2022 the company had a P/E ratio of 28.0.

P/E ratio history for Vesuvius India from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.0-13.24%
202132.3-22.72%
202041.860.39%
201926.10.51%
201825.9-11.9%
201729.417.46%
201625.113.66%
201522.1-8.73%
201424.269.42%
201314.316.99%
201212.2

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.