Tata Power
TATAPOWER.NS
#1750
Rank
$8.11 B
Marketcap
$2.54
Share price
0.22%
Change (1 day)
-24.18%
Change (1 year)

P/E ratio for Tata Power (TATAPOWER.NS)

P/E ratio as of February 2023 (TTM): 25.8

According to Tata Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.7597. At the end of 2018 the company had a P/E ratio of 6.01.

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

PE ratio at the end of each year

Year P/E ratio Change
20186.01-85.51%
201741.584.89%
201622.5

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.