P/E ratio for Procter & Gamble India (PGHH.NS)
P/E ratio as of April 2024 (TTM): 69.8
According to Procter & Gamble India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.8231. At the end of 2022 the company had a P/E ratio of 93.0.
P/E ratio history for Procter & Gamble India from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 93.0 | 7.07% |
| 2021 | 86.9 | 60.7% |
| 2020 | 54.1 | -38.35% |
| 2019 | 87.7 | 8.24% |
| 2018 | 81.0 | 11.81% |
| 2017 | 72.5 | 45.41% |
| 2016 | 49.8 | 11.82% |
| 2015 | 44.6 | -23.52% |
| 2014 | 58.3 | 39.11% |
| 2013 | 41.9 | -12.59% |
| 2012 | 47.9 | 32.07% |
| 2011 | 36.3 |
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.