P/E ratio for Nestlé India (NESTLEIND.NS)
P/E ratio as of April 2024 (TTM): 8.02
According to Nestlé India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.01719. At the end of 2022 the company had a P/E ratio of 79.6.
P/E ratio history for Nestlé India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 79.6 | -8.89% |
| 2021 | 87.4 | 2.61% |
| 2020 | 85.1 | 17.57% |
| 2019 | 72.4 | 8.89% |
| 2018 | 66.5 | 7.48% |
| 2017 | 61.9 | 6.61% |
| 2016 | 58.0 | -41.82% |
| 2015 | 99.8 | 91.97% |
| 2014 | 52.0 | 13.84% |
| 2013 | 45.6 | 1.28% |
| 2012 | 45.1 |
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.