Mahindra & Mahindra
M&M.NS
#542
Rank
$36.62 B
Marketcap
$32.86
Share price
-2.49%
Change (1 day)
75.71%
Change (1 year)

P/E ratio for Mahindra & Mahindra (M&M.NS)

P/E ratio as of July 2024 (TTM): 25.9

According to Mahindra & Mahindra's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.9081. At the end of 2022 the company had a P/E ratio of 14.1.

P/E ratio history for Mahindra & Mahindra from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.1-18.21%
202117.2-112.79%
2020-134-594.71%
201927.277.35%
201815.3
201416.9

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.