Hindustan Construction Company
HCC.NS
#5811
Rank
$0.59 B
Marketcap
$0.38
Share price
0.32%
Change (1 day)
137.50%
Change (1 year)

P/E ratio for Hindustan Construction Company (HCC.NS)

P/E ratio as of March 2024 (TTM): 15.4

According to Hindustan Construction Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3718. At the end of 2022 the company had a P/E ratio of -74.4.

P/E ratio history for Hindustan Construction Company from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-74.4-1700.67%
20214.65-254.69%
2020-3.017.65%
2019-2.79

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.