Mphasis
MPHASIS.NS
#2324
Rank
โ‚น538.05 B
Marketcap
โ‚น2,839
Share price
-0.21%
Change (1 day)
25.15%
Change (1 year)

P/E ratio for Mphasis (MPHASIS.NS)

P/E ratio as of November 2024 (TTM): 32.6

According to Mphasis 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.5634. At the end of 2022 the company had a P/E ratio of 22.8.

P/E ratio history for Mphasis from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.8-51.33%
202146.9104.55%
202022.946.44%
201915.7-16.89%
201818.80.04%
201718.816.08%
201616.28.29%
201515.025.27%
201412.0-3.81%
201312.421.97%
201210.2

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.