P/E ratio for Yatra (YTRA)
P/E ratio as of April 2024 (TTM): -22.0
According to Yatra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.9981. At the end of 2022 the company had a P/E ratio of -29.5.
P/E ratio history for Yatra from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -29.5 | 256.25% |
| 2021 | -8.29 | -19.08% |
| 2020 | -10.2 | 50.78% |
| 2019 | -6.79 | -53.21% |
| 2018 | -14.5 | 292.43% |
| 2017 | -3.70 | 33.27% |
| 2016 | -2.78 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Yatra YTRA | -22.0 | 0.00% | 🇮🇳 India |
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.