P/E ratio for Tata Consumer Products (TATACONSUM.NS)
P/E ratio as of April 2024 (TTM): 84.6
According to Tata Consumer Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 84.6211. At the end of 2022 the company had a P/E ratio of 61.5.
P/E ratio history for Tata Consumer Products from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 61.5 | -30.65% |
| 2021 | 88.6 | 18.37% |
| 2020 | 74.9 | 44.43% |
| 2019 | 51.8 | 66.31% |
| 2018 | 31.2 | -28.92% |
| 2017 | 43.8 | -19.5% |
| 2016 | 54.5 | 34.74% |
| 2015 | 40.4 | 35.5% |
| 2014 | 29.8 | 46.68% |
| 2013 | 20.3 | -31.84% |
| 2012 | 29.8 | 107.33% |
| 2011 | 14.4 | -57.13% |
| 2010 | 33.6 | 113.94% |
| 2009 | 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.