P/E ratio for Sify (SIFY)
P/E ratio as of April 2024 (TTM): 44.9
According to Sify 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.9054. At the end of 2022 the company had a P/E ratio of 17.2.
P/E ratio history for Sify from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.2 | -25.91% |
| 2021 | 23.2 | 11.88% |
| 2020 | 20.8 | 17.9% |
| 2019 | 17.6 | -1.49% |
| 2018 | 17.9 | -26.66% |
| 2017 | 24.4 | 56.33% |
| 2016 | 15.6 | -40.92% |
| 2015 | 26.4 | -36.48% |
| 2014 | 41.5 | -32.42% |
| 2013 | 61.5 | |
| 2009 | -32.2 | 452.53% |
| 2008 | -5.83 | -95.91% |
| 2007 | -143 | -250.14% |
| 2006 | 95.0 | -259.82% |
| 2005 | -59.4 | -2.36% |
| 2004 | -60.8 | 207% |
| 2003 | -19.8 | 591.44% |
| 2002 | -2.87 | 86.72% |
| 2001 | -1.54 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 34.1 | -23.96% | 🇺🇸 USA |
 IBM IBM | 21.8 | -51.38% | 🇺🇸 USA |
 KT Corporation KT | 6.87 | -84.71% | 🇰🇷 S. Korea |
 Chunghwa Telecom CHT | 24.4 | -45.69% | 🇹🇼 Taiwan |
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.