P/E ratio for Mphasis (MPHASIS.NS)
P/E ratio as of April 2024 (TTM): 27.1
According to Mphasis 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.0827. At the end of 2022 the company had a P/E ratio of 22.8.
P/E ratio history for Mphasis from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.8 | -51.33% |
| 2021 | 46.9 | 104.55% |
| 2020 | 22.9 | 46.44% |
| 2019 | 15.7 | -16.89% |
| 2018 | 18.8 | 0.04% |
| 2017 | 18.8 | 16.08% |
| 2016 | 16.2 | 8.29% |
| 2015 | 15.0 | 25.27% |
| 2014 | 12.0 | -3.81% |
| 2013 | 12.4 | 21.97% |
| 2012 | 10.2 |
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.