P/E ratio for Zensar (ZENSARTECH.NS)
P/E ratio as of April 2024 (TTM): 26.5
According to Zensar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.4678. At the end of 2022 the company had a P/E ratio of 14.2.
P/E ratio history for Zensar from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | -54.68% |
| 2021 | 31.4 | 65.03% |
| 2020 | 19.0 | 33.9% |
| 2019 | 14.2 | -17.38% |
| 2018 | 17.2 | -21.21% |
| 2017 | 21.8 | 50.74% |
| 2016 | 14.5 | -5.87% |
| 2015 | 15.4 | 44.06% |
| 2014 | 10.7 | 52.1% |
| 2013 | 7.03 | 0.53% |
| 2012 | 6.99 |
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.