P/E ratio for Hays plc (HAS.L)
P/E ratio at the end of 2022: 12.8
According to Hays plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1206.96. At the end of 2022 the company had a P/E ratio of 12.8.
P/E ratio history for Hays plc from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.8 | -68.3% |
| 2021 | 40.5 | -0.55% |
| 2020 | 40.7 | 182.94% |
| 2019 | 14.4 | -8.86% |
| 2018 | 15.8 | -6.66% |
| 2017 | 16.9 | 60.42% |
| 2016 | 10.5 | -41.3% |
| 2015 | 18.0 | 5.13% |
| 2014 | 17.1 | 13.54% |
| 2013 | 15.0 | 56.91% |
| 2012 | 9.58 | -30.16% |
| 2011 | 13.7 | -88.12% |
| 2010 | 115 | 1224.5% |
| 2009 | 8.72 | 118.91% |
| 2008 | 3.98 | -57.91% |
| 2007 | 9.46 | 22.01% |
| 2006 | 7.75 | -28.47% |
| 2005 | 10.8 | -50.83% |
| 2004 | 22.0 | -986.59% |
| 2003 | -2.49 | -107.47% |
| 2002 | 33.3 | -4.23% |
| 2001 | 34.8 |
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.