P/E ratio for Srei Infrastructure Finance (SREINFRA.NS)
P/E ratio as of July 2024 (TTM): -0.0110
According to Srei Infrastructure Finance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0109699. At the end of 2022 the company had a P/E ratio of -0.0172.
P/E ratio history for Srei Infrastructure Finance from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.0172 | -60.84% |
| 2021 | -0.0438 | -49.51% |
| 2020 | -0.0868 | -106.62% |
| 2019 | 1.31 | -66.91% |
| 2018 | 3.96 | -73.7% |
| 2017 | 15.1 | -18.42% |
| 2016 | 18.5 | -56.83% |
| 2015 | 42.8 | 112.69% |
| 2014 | 20.1 | 244.06% |
| 2013 | 5.85 | -45.29% |
| 2012 | 10.7 | -20.61% |
| 2011 | 13.5 | 124.07% |
| 2010 | 6.01 |
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.