AU Small Finance Bank
AUBANK.NS
#2665
Rank
NZ$8.89 B
Marketcap
$11.96
Share price
0.49%
Change (1 day)
-18.01%
Change (1 year)

P/E ratio for AU Small Finance Bank (AUBANK.NS)

P/E ratio as of November 2024 (TTM): 24.1

According to AU Small Finance Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.074. At the end of 2022 the company had a P/E ratio of 31.3.

P/E ratio history for AU Small Finance Bank from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.3-7.9%
202134.045.98%
202023.3-33.8%
201935.1-32.18%
201851.8-21.14%
201765.7

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.