JCI Hitachi India
JCHAC.NS
#6545
Rank
ยฃ0.45 B
Marketcap
ยฃ16.59
Share price
-2.75%
Change (1 day)
54.87%
Change (1 year)

P/E ratio for JCI Hitachi India (JCHAC.NS)

P/E ratio as of December 2024 (TTM): -37.8

According to JCI Hitachi India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -37.7954. At the end of 2022 the company had a P/E ratio of -45.9.

P/E ratio history for JCI Hitachi India from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-45.9-138.57%
2021119-107.15%
2020< -1000-3871.74%
201944.1-25.16%
201858.9-31.62%
201786.257.97%
201654.6-10.95%
201561.356.35%
201439.2-16.07%
201346.7101.91%
201223.1

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.