Prestige Group
PRESTIGE.NS
#2178
Rank
$6.63 B
Marketcap
$16.54
Share price
4.01%
Change (1 day)
176.13%
Change (1 year)

P/E ratio for Prestige Group (PRESTIGE.NS)

P/E ratio as of May 2024 (TTM): 54.2

According to Prestige Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.2229. At the end of 2022 the company had a P/E ratio of 13.2.

P/E ratio history for Prestige Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.298.55%
20216.63-91.83%
202081.1236.64%
201924.112.11%
201821.5-36.05%
201733.626.55%
201626.6

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.