Tata Elxsi
TATAELXSI.NS
#2300
Rank
$5.10 B
Marketcap
$81.96
Share price
-1.40%
Change (1 day)
4.93%
Change (1 year)

P/E ratio for Tata Elxsi (TATAELXSI.NS)

P/E ratio as of December 2022 (TTM): 63.2

According to Tata Elxsi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.2448. At the end of 2021 the company had a P/E ratio of 72.4.

P/E ratio history for Tata Elxsi from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202172.4112.18%
202034.1
201822.0-21.55%
201728.08.65%
201625.8

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.