P/E ratio for HUB24 Limited (HUB.AX)
P/E ratio at the end of 2023: 51.5
According to HUB24 Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 130.175. At the end of 2023 the company had a P/E ratio of 51.5.
P/E ratio history for HUB24 Limited from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 51.5 | -43.58% |
| 2022 | 91.3 | -42.42% |
| 2021 | 159 | 148.91% |
| 2020 | 63.7 | -31.2% |
| 2019 | 92.6 | 16.56% |
| 2018 | 79.5 | 450.86% |
| 2017 | 14.4 | -110.79% |
| 2016 | -134 | 1694.05% |
| 2015 | -7.45 | 176.26% |
| 2014 | -2.70 | 63.29% |
| 2013 | -1.65 | 296.92% |
| 2012 | -0.4159 | -92.8% |
| 2011 | -5.78 | -17.63% |
| 2010 | -7.01 | 115.91% |
| 2009 | -3.25 | 99.24% |
| 2008 | -1.63 |
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.