Kotak Mahindra Bank
KOTAKBANK.NS
#508
Rank
S$55.97 B
Marketcap
$28.15
Share price
0.10%
Change (1 day)
-4.83%
Change (1 year)

P/E ratio for Kotak Mahindra Bank (KOTAKBANK.NS)

P/E ratio as of December 2024 (TTM): 20.1

According to Kotak Mahindra Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0772. At the end of 2022 the company had a P/E ratio of 25.5.

P/E ratio history for Kotak Mahindra Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.5-22.95%
202133.1-21.45%
202042.214.02%
201937.07.44%
201834.46.51%
201732.312.36%
201628.8-22.76%
201537.36.93%
201434.855.47%
201322.4-5.03%
201223.6

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.