P/E Ratio Calculator

Calculate Price-to-Earnings ratio and fair value for stock valuation

Find EPS in company's annual report or financial statements

Results

P/E Ratio

20.00x

Fairly valued

Market Price

₹1500

EPS

₹75

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Disclaimer

This calculator is for informational and educational purposes only. It does not constitute financial or investment advice. Consult with a qualified financial advisor before making investment decisions.

What is P/E Ratio Calculator?

The P/E (Price-to-Earnings) Ratio Calculator helps you evaluate whether a stock is undervalued or overvalued by comparing its market price to its earnings per share (EPS). The P/E ratio is one of the most widely used valuation metrics in stock market analysis. A lower P/E might indicate an undervalued stock, while a higher P/E suggests investors expect high future growth. This calculator can determine P/E ratio, fair value based on target P/E, or required EPS for a target P/E.

How to Use This Calculator

  1. Select calculation type (Calculate P/E, Fair Value, or Required EPS)
  2. Enter current market price of the stock
  3. Input the earnings per share (EPS) from company financials
  4. For fair value calculation, enter target P/E ratio
  5. View results and interpretation of valuation

Formula Used

P/E Ratio = Market Price per Share / Earnings per Share (EPS) Fair Value = EPS × Target P/E Ratio Required EPS = Market Price / Target P/E Ratio Upside/Downside = [(Fair Value - Current Price) / Current Price] × 100

Example Calculation

Example: Analyzing Reliance Industries Current Market Price: ₹2,400 EPS (TTM): ₹120 Industry Average P/E: 20 Current P/E = 2,400 / 120 = 20x Fair Value at Industry P/E: = ₹120 × 20 = ₹2,400 (Fairly valued) If EPS grows to ₹150 next year: Fair Value = ₹150 × 20 = ₹3,000 Potential Upside = 25%

Frequently Asked Questions

What is a good P/E ratio for stocks?

There's no universal 'good' P/E ratio. It varies by industry. Generally, P/E of 15-20 is considered reasonable for mature companies, while growth stocks may have P/E of 30-50+. Always compare P/E with industry peers and historical averages.

Should I buy stocks with low P/E ratio?

Not always. A low P/E could indicate an undervalued opportunity OR a struggling company with poor growth prospects. Always investigate why the P/E is low by analyzing company fundamentals, industry trends, and growth potential.

What's the difference between trailing and forward P/E?

Trailing P/E uses past 12 months' actual earnings, while forward P/E uses projected future earnings. Forward P/E is more speculative but helps evaluate growth expectations. Most platforms show trailing P/E by default.

Why do tech stocks have high P/E ratios?

Technology and growth companies often have high P/E ratios (40-100+) because investors expect rapid future earnings growth. They're willing to pay a premium today for anticipated future profits. This is why P/E should be evaluated alongside growth metrics like PEG ratio.

Is negative P/E ratio bad?

Negative P/E occurs when a company has negative earnings (losses). It doesn't mean the company is worthless. Startups and turnaround stories often have negative P/E. Analyze the business model, cash flow, and path to profitability instead.

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