Network18
NETWORK18.NS
#5060
Rank
$1.08 B
Marketcap
$1.03
Share price
-1.49%
Change (1 day)
60.94%
Change (1 year)

P/E ratio for Network18 (NETWORK18.NS)

P/E ratio as of March 2024 (TTM): -61.6

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.

P/E ratio history for Network18 from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022472833.29%
202150.6-166.23%
2020-76.4772.95%
2019-8.75-46.61%
2018-16.4-61.79%
2017-42.9178.7%
2016-15.4-116.24%
201594.8-1547.09%
2014-6.55-94.19%
2013-1134935.6%
2012-2.24

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.