According to Hvidbjerg Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.89448. At the end of 2023 the company had a P/E ratio of 1.11.
Year | P/E ratio | Change |
---|---|---|
2023 | 1.11 | -24.06% |
2022 | 1.46 | -7.67% |
2021 | 1.58 | -11.43% |
2020 | 1.78 | 160.36% |
2019 | 0.6848 | -87.53% |
2018 | 5.49 | 200.94% |
2017 | 1.82 | -19.59% |
2016 | 2.27 | 171.73% |
2015 | 0.8352 | -14.03% |
2014 | 0.9714 | -183.53% |
2013 | -1.16 | 263.51% |
2012 | -0.3199 | -50.55% |
2011 | -0.6469 | -53.39% |
2010 | -1.39 | -114.57% |
2009 | 9.52 | |
2007 | 28.7 |
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.