P/E ratio for Tata Teleservices (TTML.NS)
P/E ratio as of April 2024 (TTM): -12.8
According to Tata Teleservices 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.8296. At the end of 2022 the company had a P/E ratio of -15.8.
P/E ratio history for Tata Teleservices from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -15.8 | -52.22% |
| 2021 | -33.0 | 5386.06% |
| 2020 | -0.6018 | 216.23% |
| 2019 | -0.1903 | -50.93% |
| 2018 | -0.3878 | 197.22% |
| 2017 | -0.1305 | -88.22% |
| 2016 | -1.11 | -63.84% |
| 2015 | -3.06 | 21.38% |
| 2014 | -2.52 | 3.06% |
| 2013 | -2.45 | -20.29% |
| 2012 | -3.07 |
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.