Havertys
HVT
#6125
Rank
$0.46 B
Marketcap
$28.41
Share price
4.10%
Change (1 day)
8.35%
Change (1 year)

P/E ratio for Havertys (HVT)

P/E ratio as of June 2024 (TTM): 6.77

According to Havertys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.77171. At the end of 2022 the company had a P/E ratio of 5.50.

P/E ratio history for Havertys from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.50-8.41%
20216.00-30.47%
20208.63-52.37%
201918.140.76%
201812.9-43.88%
201722.928.7%
201617.83.06%
201517.3-70.15%
201457.9166.47%
201321.7-9.38%
201224.055.1%
201115.5-54.46%
201034.0-150.04%
2009-67.9312.19%
2008-16.5-115.8%
2007104399.94%
200620.98.57%
200519.24.85%
200418.35.73%
200317.338.35%
200212.5-31.15%
200118.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.7 190.84%๐Ÿ‡บ๐Ÿ‡ธ USA
7.98 17.91%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4 172.29%๐Ÿ‡บ๐Ÿ‡ธ USA

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.