P/E ratio for Vesuvius India (VESUVIUS.NS)
P/E ratio as of May 2024 (TTM): 56.7
According to Vesuvius India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.7154. At the end of 2022 the company had a P/E ratio of 28.0.
P/E ratio history for Vesuvius India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.0 | -13.24% |
| 2021 | 32.3 | -22.72% |
| 2020 | 41.8 | 60.39% |
| 2019 | 26.1 | 0.51% |
| 2018 | 25.9 | -11.9% |
| 2017 | 29.4 | 17.46% |
| 2016 | 25.1 | 13.66% |
| 2015 | 22.1 | -8.73% |
| 2014 | 24.2 | 69.42% |
| 2013 | 14.3 | 16.99% |
| 2012 | 12.2 |
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.