P/E ratio for Karur Vysya Bank (KARURVYSYA.NS)
P/E ratio as of April 2024 (TTM): 11.1
According to Karur Vysya Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1052. At the end of 2022 the company had a P/E ratio of 9.23.
P/E ratio history for Karur Vysya Bank from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.23 | 43.06% |
| 2021 | 6.45 | -40.21% |
| 2020 | 10.8 | -52.72% |
| 2019 | 22.8 | -36.15% |
| 2018 | 35.7 | 126.4% |
| 2017 | 15.8 | 211.12% |
| 2016 | 5.07 | -52.22% |
| 2015 | 10.6 | -24.59% |
| 2014 | 14.1 | 77.07% |
| 2013 | 7.95 | -28.81% |
| 2012 | 11.2 |
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.