Indian Hotels Company
INDHOTEL.NS
#2181
Rank
$5.60 B
Marketcap
$3.94
Share price
1.34%
Change (1 day)
61.48%
Change (1 year)
Categories

P/E ratio for Indian Hotels Company (INDHOTEL.NS)

P/E ratio as of November 2022 (TTM): -94.6

According to Indian Hotels Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -94.6485. At the end of 2018 the company had a P/E ratio of 72.9.

P/E ratio history for Indian Hotels Company from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201872.9-67.01%
2017221

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.