According to MT Hรธjgaard Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 83.0191. At the end of 2023 the company had a P/E ratio of 9.22.
Year | P/E ratio | Change |
---|---|---|
2023 | 9.22 | -90.5% |
2022 | 97.0 | 576.33% |
2021 | 14.3 | 8.83% |
2020 | 13.2 | 38.89% |
2019 | 9.49 | -1494.01% |
2018 | -0.6807 | -36% |
2017 | -1.06 | -88.31% |
2016 | -9.10 | -894.43% |
2015 | 1.15 | -456.28% |
2014 | -0.3215 | -111.31% |
2013 | 2.84 | -8311.59% |
2012 | -0.0346 | -97.61% |
2011 | -1.45 | -108.51% |
2010 | 17.0 | 191.81% |
2009 | 5.84 | 108.93% |
2008 | 2.79 | -70.03% |
2007 | 9.32 | -88.91% |
2006 | 84.0 | 642.75% |
2005 | 11.3 |
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.