P/E ratio for JSW Holdings (JSWHL.NS)
P/E ratio as of May 2024 (TTM): 57.7
According to JSW Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.6876. At the end of 2022 the company had a P/E ratio of 16.7.
P/E ratio history for JSW Holdings from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.7 | -46.56% |
| 2021 | 31.3 | -45.84% |
| 2020 | 57.8 | 162.61% |
| 2019 | 22.0 | |
| 2016 | 32.2 | 4.93% |
| 2015 | 30.7 | 9.22% |
| 2014 | 28.1 | 29.8% |
| 2013 | 21.7 | -27.81% |
| 2012 | 30.0 |
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.