P/E ratio for HMS Bergbau (HMU.DE)
P/E ratio at the end of 2023: 7.20
According to HMS Bergbau's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0846. At the end of 2023 the company had a P/E ratio of 7.20.
P/E ratio history for HMS Bergbau from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.20 | -16.61% |
| 2022 | 8.63 | -66.97% |
| 2021 | 26.1 | -3.42% |
| 2020 | 27.1 | -77.9% |
| 2019 | 122 | 154.65% |
| 2018 | 48.1 | -29.51% |
| 2017 | 68.2 | -45.27% |
| 2016 | 125 | -31.45% |
| 2015 | 182 | 302.4% |
| 2014 | 45.2 | -2262.26% |
| 2013 | -2.09 | -102.97% |
| 2012 | 70.4 | -365.69% |
| 2011 | -26.5 | -126.01% |
| 2010 | 102 |
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.