Mahindra Lifespaces
MAHLIFE.NS
#5042
Rank
$1.09 B
Marketcap
$7.04
Share price
3.89%
Change (1 day)
76.44%
Change (1 year)

P/E ratio for Mahindra Lifespaces (MAHLIFE.NS)

P/E ratio as of March 2024 (TTM): 854

According to Mahindra Lifespaces 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 854.036. At the end of 2022 the company had a P/E ratio of 23.6.

P/E ratio history for Mahindra Lifespaces from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.6-102.44%
2021-97013733.59%
2020-7.01-121.1%
201933.3126.61%
201814.7-54.39%
201732.2203.7%
201610.6-55.25%
201523.7225.86%
20147.26-31.86%
201310.7

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.