P/E ratio for Tata Motors (TATAMOTORS.NS)
P/E ratio as of April 2024 (TTM): 486
According to Tata Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 486.434. At the end of 2018 the company had a P/E ratio of -11.2.
P/E ratio history for Tata Motors from 2005 to 2017
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | -11.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Toyota TM | 11.5 | -97.63% | 🇯🇵 Japan |
 Ford F | 7.83 | -98.39% | 🇺🇸 USA |
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.