Network18
NETWORK18.NS
#4602
Rank
$0.82 B
Marketcap
$0.78
Share price
-0.23%
Change (1 day)
11.43%
Change (1 year)

P/E ratio for Network18 (NETWORK18.NS)

P/E ratio as of September 2022 (TTM): 42.5

According to Network18 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.5342. At the end of 2018 the company had a P/E ratio of -16.3.

P/E ratio history for Network18 from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2018-16.3-62.91%
2017-44.0180.65%
2016-15.7

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.