| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 11.09 | -5.63% |
| 2025 | 11.75 | -19.92% |
| 2024 | 14.67 | 26.61% |
| 2023 | 11.59 | 4.33% |
| 2022 | 11.10 | -2.35% |
| 2021 | 11.37 | 22.12% |
| 2020 | 9.31 | -34.23% |
| 2019 | 14.16 | -25.92% |
| 2018 | 19.11 | 49.11% |
| 2017 | 12.82 | 33.80% |
| 2016 | 9.58 | 20.68% |
| 2015 | 7.94 | 338.11% |
| 2014 | 1.81 | -9.13% |
| 2013 | 1.99 | -16.72% |
| 2012 | 2.39 | -24.35% |
| 2011 | 3.16 | -98.84% |
| 2010 | 272.63 | 11,955.22% |
| 2009 | 2.26 | -41.00% |
| 2008 | 3.83 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 33.64 | 203.38% |
IN
|
|
| 24.72 | 122.90% |
IN
|
|
| 14.56 | 31.27% |
IN
|
|
| 143.07 | 1,190.31% |
IN
|
|
| 30.90 | 178.70% |
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.