P/E ratio for Sasken Technologies (SASKEN.NS)
P/E ratio as of April 2024 (TTM): 25.8
According to Sasken Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8186. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Sasken Technologies from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -17.82% |
| 2021 | 15.2 | 18.25% |
| 2020 | 12.8 | 29.95% |
| 2019 | 9.88 | -24.91% |
| 2018 | 13.2 | -19.34% |
| 2017 | 16.3 | 393.7% |
| 2016 | 3.30 | -84.7% |
| 2015 | 21.6 | 465.41% |
| 2014 | 3.82 | -52.45% |
| 2013 | 8.03 | 13.27% |
| 2012 | 7.09 |
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.