Biocon
BIOCON.NS
#2750
Rank
ยฃ3.86 B
Marketcap
ยฃ3.22
Share price
4.54%
Change (1 day)
35.69%
Change (1 year)

P/E ratio for Biocon (BIOCON.NS)

P/E ratio as of December 2024 (TTM): 94.2

According to Biocon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 94.1735. At the end of 2022 the company had a P/E ratio of 80.6.

P/E ratio history for Biocon from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202280.623.07%
202165.5-27.56%
202090.4117.54%
201941.5-8.07%
201845.2-47.33%
201785.8276.34%
201622.8-8.16%
201524.821.51%
201420.423.75%
201316.56.2%
201215.5

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.