P/E ratio for Suzlon (SUZLON.NS)
P/E ratio as of May 2024 (TTM): 106
According to Suzlon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 105.526. At the end of 2022 the company had a P/E ratio of 4.64.
P/E ratio history for Suzlon from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.64 | -103.16% |
| 2021 | -147 | 3251.68% |
| 2020 | -4.38 | 761.6% |
| 2019 | -0.5089 | -72.32% |
| 2018 | -1.84 | -114.53% |
| 2017 | 12.7 | -111.79% |
| 2016 | -107 | 420.04% |
| 2015 | -20.6 | 3554.23% |
| 2014 | -0.5651 | 24.59% |
| 2013 | -0.4535 | -60.7% |
| 2012 | -1.15 |
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.