Crompton Greaves Consumer Electricals
CROMPTON.NS
#3589
Rank
$2.94 B
Marketcap
$4.57
Share price
-1.83%
Change (1 day)
25.92%
Change (1 year)

P/E ratio for Crompton Greaves Consumer Electricals (CROMPTON.NS)

P/E ratio as of December 2024 (TTM): 52.3

According to Crompton Greaves Consumer Electricals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.3186. At the end of 2022 the company had a P/E ratio of 39.0.

P/E ratio history for Crompton Greaves Consumer Electricals from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202239.0-7.11%
202141.9-18.67%
202051.6120.17%
201923.4-39.15%
201838.5-33.16%
201757.673.52%
201633.2

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.