P/E ratio for Huhtamaki India (HUHTAMAKI.NS)
P/E ratio as of May 2024 (TTM): 23.0
According to Huhtamaki India 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0347. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Huhtamaki India from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | -139.92% |
| 2021 | -75.9 | -407.6% |
| 2020 | 24.7 | 124.97% |
| 2019 | 11.0 | -73.94% |
| 2018 | 42.1 | -0.24% |
| 2017 | 42.2 | 87.86% |
| 2016 | 22.5 | -0.81% |
| 2015 | 22.6 | 16.67% |
| 2014 | 19.4 | 113.79% |
| 2013 | 9.08 | -9.67% |
| 2012 | 10.0 |
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.