Hindustan Unilever
HINDUNILVR.NS
#295
Rank
$63.96 B
Marketcap
$27.18
Share price
1.10%
Change (1 day)
-10.00%
Change (1 year)
Hindustan Unilever Limited is an Indian consumer goods company with headquarters in Mumbai.

P/E ratio for Hindustan Unilever (HINDUNILVR.NS)

P/E ratio as of March 2024 (TTM): 50.9

According to Hindustan Unilever 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.9087. At the end of 2022 the company had a P/E ratio of 61.2.

P/E ratio history for Hindustan Unilever from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202261.2-3.24%
202163.3-16.19%
202075.523.43%
201961.2

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.