P/E ratio for Alony Hetz (ALHE.TA)
P/E ratio as of April 2024 (TTM): -3.46
According to Alony Hetz 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.45825. At the end of 2022 the company had a P/E ratio of -23.7.
P/E ratio history for Alony Hetz from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -23.7 | -461.44% |
| 2021 | 6.56 | -76.35% |
| 2020 | 27.8 | 179.55% |
| 2019 | 9.93 | -10.99% |
| 2018 | 11.2 | 6.84% |
| 2017 | 10.4 | 33.16% |
| 2016 | 7.84 | 2.79% |
| 2015 | 7.63 | -25.27% |
| 2014 | 10.2 | 16.5% |
| 2013 | 8.76 | 12.45% |
| 2012 | 7.79 |
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.