P/E ratio for Puravankara (PURVA.NS)
P/E ratio as of May 2024 (TTM): 682
According to Puravankara's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 682.485. At the end of 2022 the company had a P/E ratio of 110.
P/E ratio history for Puravankara from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 110 | 492.16% |
| 2021 | 18.6 | -111.94% |
| 2020 | -156 | -1557.12% |
| 2019 | 10.7 | -37.71% |
| 2018 | 17.2 | -43.1% |
| 2017 | 30.2 | 139.05% |
| 2016 | 12.6 | -18.94% |
| 2015 | 15.6 | 6.9% |
| 2014 | 14.6 | 71.99% |
| 2013 | 8.47 | -16.73% |
| 2012 | 10.2 |
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.