Hagar hf.
HAGA.IC
#5971
Rank
$0.74 B
Marketcap
$0.69
Share price
3.26%
Change (1 day)
41.06%
Change (1 year)

P/E ratio for Hagar hf. (HAGA.IC)

P/E ratio as of October 2024 (TTM): 21.6

According to Hagar hf.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6037. At the end of 2023 the company had a P/E ratio of 15.7.

P/E ratio history for Hagar hf. from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202315.7-22.26%
202220.2-23.78%
202126.544.72%
202018.3-13.22%
201921.14.87%
201820.145.61%
201713.8-10.99%
201615.514.97%
201513.510.18%
201412.218.18%
201310.422.93%
20128.43

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.