P/E ratio for Varun Beverages (VBL.NS)
P/E ratio as of May 2024 (TTM): 101
According to Varun Beverages 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 101.432. At the end of 2022 the company had a P/E ratio of 115.
P/E ratio history for Varun Beverages from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 115 | 3.44% |
| 2021 | 111 | -31% |
| 2020 | 161 | 91.39% |
| 2019 | 84.0 | -43.83% |
| 2018 | 150 | 31.43% |
| 2017 | 114 | -23.35% |
| 2016 | 148 |
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.