Vst Tillers Tractors
VSTTILLERS.NS
#6827
Rank
โ‚น39.07 B
Marketcap
โ‚น4,508
Share price
2.43%
Change (1 day)
12.29%
Change (1 year)

P/E ratio for Vst Tillers Tractors (VSTTILLERS.NS)

P/E ratio as of November 2024 (TTM): 42.0

According to Vst Tillers Tractors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.0013. At the end of 2022 the company had a P/E ratio of 19.2.

P/E ratio history for Vst Tillers Tractors from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.2-27.68%
202126.522%
202021.7-22.13%
201927.937.84%
201820.2-6.24%
201721.612.13%
201619.213.78%
201516.96.97%
201415.8107.81%
20137.61

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.