P/E ratio for Zydus Wellness (ZYDUSWELL.NS)
P/E ratio as of April 2024 (TTM): 35.4
According to Zydus Wellness 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.4322. At the end of 2022 the company had a P/E ratio of 32.1.
P/E ratio history for Zydus Wellness from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.1 | -15.49% |
| 2021 | 38.0 | -81.68% |
| 2020 | 208 | 257.86% |
| 2019 | 58.0 | 56.16% |
| 2018 | 37.1 | 16.26% |
| 2017 | 31.9 | 0.51% |
| 2016 | 31.8 | -9.42% |
| 2015 | 35.1 | 21.57% |
| 2014 | 28.9 | 51.79% |
| 2013 | 19.0 | -19.23% |
| 2012 | 23.5 |
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.