DMart
DMART.NS
#751
Rank
โ‚น2.218 T
Marketcap
โ‚น3,408
Share price
-2.57%
Change (1 day)
-13.67%
Change (1 year)

P/E ratio for DMart (DMART.NS)

P/E ratio as of December 2024 (TTM): 92.1

According to DMart's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 92.1357. At the end of 2022 the company had a P/E ratio of 112.

P/E ratio history for DMart from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022112-45.05%
20212059.61%
202018798.55%
201994.0

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.