InterGlobe Aviation
INDIGO.NS
#1520
Rank
$10.08 B
Marketcap
$26.15
Share price
1.92%
Change (1 day)
0.35%
Change (1 year)

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
2022-12.418.33%
2021-10.5-93.73%
2020-167-148.35%
20193461465.04%
201822.1-2.62%
201722.748.39%
201615.3

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.