Hindustan Media Ventures
HMVL.NS
#6702
Rank
$49.84 M
Marketcap
$0.68
Share price
2.89%
Change (1 day)
-27.66%
Change (1 year)

P/E ratio for Hindustan Media Ventures (HMVL.NS)

P/E ratio as of November 2022 (TTM): 20.1

According to Hindustan Media Ventures's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0645. At the end of 2017 the company had a P/E ratio of 10.5.

P/E ratio history for Hindustan Media Ventures from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201710.52.96%
201610.2

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.