Petronet LNG
PETRONET.NS
#2581
Rank
$3.69 B
Marketcap
$2.46
Share price
-0.45%
Change (1 day)
-22.88%
Change (1 year)

P/E ratio for Petronet LNG (PETRONET.NS)

P/E ratio as of September 2022 (TTM): 8.24

According to Petronet LNG 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.23919. At the end of 2021 the company had a P/E ratio of 11.6.

P/E ratio history for Petronet LNG from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202111.69.85%
202010.5-36.64%
201916.61.44%
201816.4-5.8%
201717.4-12.74%
201620.033.33%
201515.02.21%
201414.661.72%
20139.06-24.01%
201211.9-16.54%
201114.3-0.11%
201014.3160.29%
20095.49-51.88%
200811.413.06%
200710.1-52.49%
200621.3-119.72%
2005-108

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.