According to Network18 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -61.5937. At the end of 2022 the company had a P/E ratio of 472.
Year | P/E ratio | Change |
---|---|---|
2022 | 472 | 833.29% |
2021 | 50.6 | -166.23% |
2020 | -76.4 | 772.95% |
2019 | -8.75 | -46.61% |
2018 | -16.4 | -61.79% |
2017 | -42.9 | 178.7% |
2016 | -15.4 | -116.24% |
2015 | 94.8 | -1547.09% |
2014 | -6.55 | -94.19% |
2013 | -113 | 4935.6% |
2012 | -2.24 |
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.