P/E ratio for Zee Entertainment (ZEEL.NS)
P/E ratio as of April 2024 (TTM): -121
According to Zee Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -120.699. At the end of 2022 the company had a P/E ratio of 54.2.
P/E ratio history for Zee Entertainment from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 54.2 | 86.14% |
| 2021 | 29.1 | -132.82% |
| 2020 | -88.7 | -600.82% |
| 2019 | 17.7 | -41.64% |
| 2018 | 30.3 | 50.79% |
| 2017 | 20.1 | -56.87% |
| 2016 | 46.7 | -12.07% |
| 2015 | 53.1 | 23.62% |
| 2014 | 42.9 | 38.58% |
| 2013 | 31.0 | 1.61% |
| 2012 | 30.5 |
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.