Hinduja Global Solutions
HGS.NS
#7014
Rank
C$0.55 B
Marketcap
$12.00
Share price
-0.63%
Change (1 day)
-22.23%
Change (1 year)

P/E ratio for Hinduja Global Solutions (HGS.NS)

P/E ratio as of November 2024 (TTM): 11.0

According to Hinduja Global Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9639. At the end of 2022 the company had a P/E ratio of 1.15.

P/E ratio history for Hinduja Global Solutions from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.15-92.57%
202115.563.54%
20209.4966.97%
20195.68-25.65%
20187.65-21.43%
20179.7349.56%
20166.51-47.73%
201512.449.07%
20148.3543.68%
20135.81-23.55%
20127.60

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.