| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 16.51 | 24.60% |
| 2024 | 13.25 | 105.69% |
| 2023 | 6.44 | -15.00% |
| 2022 | 7.58 | -158.50% |
| 2021 | -12.95 | -10.16% |
| 2020 | -14.42 | -248.90% |
| 2019 | 9.68 | -20.82% |
| 2018 | 12.23 | -0.07% |
| 2017 | 12.24 | 9.51% |
| 2016 | 11.17 | -10.00% |
| 2015 | 12.42 | -27.73% |
| 2014 | 17.18 | -82.90% |
| 2013 | 100.48 | 788.60% |
| 2012 | 11.31 | 23.44% |
| 2011 | 9.16 | -136.30% |
| 2010 | -25.24 | -31.56% |
| 2009 | -36.88 | -466.30% |
| 2008 | 10.07 | -35.20% |
| 2007 | 15.54 | -13.79% |
| 2006 | 18.02 | 8.93% |
| 2005 | 16.55 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 21.43 | 29.79% |
US
|
|
| 30.85 | 86.89% |
LU
|
|
| 12.51 | -24.23% |
IN
|
|
| 23.10 | 39.95% |
US
|
|
| 20.71 | 25.45% |
IN
|
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.