Tata Communications
TATACOMM.NS
#2445
Rank
A$9.28 B
Marketcap
$32.31
Share price
1.02%
Change (1 day)
0.62%
Change (1 year)

P/E ratio for Tata Communications (TATACOMM.NS)

P/E ratio as of November 2024 (TTM): 47.2

According to Tata Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.2099. At the end of 2018 the company had a P/E ratio of < -1000.

P/E ratio history for Tata Communications from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2018< -10008386.35%
2017-25.6-59.7%
2016-63.5-172.7%
201587.3
201326.5
2011-5.45

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.