P/E ratio for InterGlobe Aviation (INDIGO.NS)
P/E ratio as of February 2023 (TTM): -19.9
According to InterGlobe Aviation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.9454. At the end of 2022 the company had a P/E ratio of -12.4.
P/E ratio history for InterGlobe Aviation from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.4 | 18.33% |
| 2021 | -10.5 | -93.73% |
| 2020 | -167 | -148.35% |
| 2019 | 346 | 1465.04% |
| 2018 | 22.1 | -2.62% |
| 2017 | 22.7 | 48.39% |
| 2016 | 15.3 |
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.