According to Whirlpool India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.1266. At the end of 2022 the company had a P/E ratio of 78.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 78.4 | 114.85% |
2021 | 36.5 | -65.65% |
2020 | 106 | 77.45% |
2019 | 59.9 | 37.24% |
2018 | 43.6 | -29.41% |
2017 | 61.8 | 67.3% |
2016 | 36.9 | 1.26% |
2015 | 36.5 | -15.54% |
2014 | 43.2 | 79.36% |
2013 | 24.1 | 0.47% |
2012 | 24.0 |
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.