Narayana Hrudayalaya
NH.NS
#3555
Rank
HK$24.17 B
Marketcap
HK$119.01
Share price
1.57%
Change (1 day)
17.34%
Change (1 year)

P/E ratio for Narayana Hrudayalaya (NH.NS)

P/E ratio as of November 2024 (TTM): 34.1

According to Narayana Hrudayalaya's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.0871. At the end of 2018 the company had a P/E ratio of 124.

P/E ratio history for Narayana Hrudayalaya from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201812431.75%
201794.3-10.6%
2016106

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.