The Forward P/E of Hathway Cable and Datacom Limited is -36.75
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Hathway Cable and Datacom Limited provides cable television network, Internet, and allied services. It operates through Broadband Business and Cable Television Segments. The company offers digital cable TV services; standard definition (SD) and high definition (HD) cable TV channel services; and SD and HD set-top boxes. It also provides home and business broadband services. In addition, the company operates H-tube, a channel for broadcasting videos; CCC Â Cine Channel, a 24 hours movie channel; HMART, a shopping channel; and HFLICKS1 and HFLICKS2, which are entertainment channels. The company offers its cable TV services in approximately 350 cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is based in Mumbai, India.