According to Nestlรฉ India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.97269. At the end of 2022 the company had a P/E ratio of 7.96.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.96 | -8.89% |
2021 | 8.74 | 2.61% |
2020 | 8.51 | 17.57% |
2019 | 7.24 | 8.89% |
2018 | 6.65 | 7.48% |
2017 | 6.19 | 6.61% |
2016 | 5.80 | -41.82% |
2015 | 9.98 | 91.97% |
2014 | 5.20 | 13.84% |
2013 | 4.56 | 1.28% |
2012 | 4.51 |
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.