P/E ratio for Surya Roshni (SURYAROSNI.NS)
P/E ratio as of April 2024 (TTM): 12.9
According to Surya Roshni's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9205. At the end of 2022 the company had a P/E ratio of 16.8.
P/E ratio history for Surya Roshni from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.8 | -35.71% |
| 2021 | 26.1 | 6.35% |
| 2020 | 24.6 | 128.83% |
| 2019 | 10.7 | -50.86% |
| 2018 | 21.8 | -48.45% |
| 2017 | 42.4 | 80.37% |
| 2016 | 23.5 | 40.61% |
| 2015 | 16.7 | 6.76% |
| 2014 | 15.7 |
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.