Hi,
I was checking the stock P/E of Tata Steel on Screener.in.
It shows P/E as 75.8 but when I check the 1 Year and 5 Year chart it only shows PE as 18.
Is there some different logic used here or there is an issue in Screener.in
@vineetu1
As it is available in the screenshot, earnings fell which effected EPS. But the stock price did not change.
So in P/E if E which is earnings fell/decreased and P remains constant , P/E will increase there is no issue with the PE showing there .