P/E ratio for Indian Hotels Company (INDHOTEL.NS)
P/E ratio as of May 2024 (TTM): 76.2
According to Indian Hotels Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 76.1962. At the end of 2022 the company had a P/E ratio of 59.1.
P/E ratio history for Indian Hotels Company from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.1 | -210.22% |
| 2021 | -53.6 | 101.75% |
| 2020 | -26.6 | -159.19% |
| 2019 | 44.9 | -38.38% |
| 2018 | 72.9 | -67.8% |
| 2017 | 226 | -411.61% |
| 2016 | -72.6 | 193.69% |
| 2015 | -24.7 | -45.31% |
| 2014 | -45.2 | 631.36% |
| 2013 | -6.18 | -100.04% |
| 2012 | > 1000 |
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.