P/E ratio for Oberoi Realty (OBEROIRLTY.NS)
P/E ratio as of April 2024 (TTM): 35.3
According to Oberoi Realty 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.3182. At the end of 2021 the company had a P/E ratio of 28.4.
P/E ratio history for Oberoi Realty from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.4 | -5.71% |
| 2020 | 30.2 | -7.23% |
| 2019 | 32.5 | 69.05% |
| 2018 | 19.2 | -50.73% |
| 2017 | 39.0 | 34.3% |
| 2016 | 29.1 | 52.97% |
| 2015 | 19.0 | -39.85% |
| 2014 | 31.6 | 55.74% |
| 2013 | 20.3 | 7.92% |
| 2012 | 18.8 |
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.