According to South Indian Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.66116. At the end of 2022 the company had a P/E ratio of 5.51.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.51 | -164.79% |
2021 | -8.51 | -53.67% |
2020 | -18.4 | -420.06% |
2019 | 5.74 | -40.58% |
2018 | 9.66 | -47.18% |
2017 | 18.3 | 167.95% |
2016 | 6.82 | -28.09% |
2015 | 9.49 | 3.05% |
2014 | 9.21 | 82.28% |
2013 | 5.05 | -27.04% |
2012 | 6.92 |
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.