P/E ratio for Lupin Limited (LUPIN.NS)
P/E ratio as of April 2024 (TTM): 73.6
According to Lupin Limited 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.5738. At the end of 2022 the company had a P/E ratio of -103.
P/E ratio history for Lupin Limited from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -103 | 30.96% |
| 2021 | -78.6 | -303.5% |
| 2020 | 38.6 | -141.27% |
| 2019 | -93.6 | 14.47% |
| 2018 | -81.7 | -389.92% |
| 2017 | 28.2 | 23.1% |
| 2016 | 22.9 | -42.87% |
| 2015 | 40.1 | 50.81% |
| 2014 | 26.6 | 10.58% |
| 2013 | 24.0 | -7% |
| 2012 | 25.8 |
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.