P/E ratio for Hatsun Agro Products (HATSUN.NS)
P/E ratio as of April 2024 (TTM): 105
According to Hatsun Agro Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 104.612. At the end of 2022 the company had a P/E ratio of 118.
P/E ratio history for Hatsun Agro Products from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 118 | 4.41% |
| 2021 | 113 | 41.04% |
| 2020 | 80.2 | 3.62% |
| 2019 | 77.4 | -25.22% |
| 2018 | 104 | 4.02% |
| 2017 | 99.5 | 36.36% |
| 2016 | 73.0 | 36.33% |
| 2015 | 53.5 | -46.17% |
| 2014 | 99.5 |
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.