P/E ratio for Muthoot Finance (MUTHOOTFIN.NS)
P/E ratio as of April 2024 (TTM): 17.5
According to Muthoot Finance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4957. At the end of 2022 the company had a P/E ratio of 11.7.
P/E ratio history for Muthoot Finance from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.7 | -21% |
| 2021 | 14.9 | 10.69% |
| 2020 | 13.4 | 25.4% |
| 2019 | 10.7 | |
| 2014 | 10.9 | 122.13% |
| 2013 | 4.90 | -35.67% |
| 2012 | 7.61 |
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.