P/E ratio for Bank Hapoalim (POLI.TA)
P/E ratio as of April 2024 (TTM): 5.60
According to Bank Hapoalim 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.59841. At the end of 2022 the company had a P/E ratio of 6.24.
P/E ratio history for Bank Hapoalim from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.24 | -31.55% |
| 2021 | 9.12 | -39.11% |
| 2020 | 15.0 | -55.1% |
| 2019 | 33.4 | 192.73% |
| 2018 | 11.4 | -11.24% |
| 2017 | 12.8 | 13.53% |
| 2016 | 11.3 | 33.77% |
| 2015 | 8.45 | 3.94% |
| 2014 | 8.13 | -19.81% |
| 2013 | 10.1 | 20.68% |
| 2012 | 8.40 | 48.37% |
| 2011 | 5.66 | -49.85% |
| 2010 | 11.3 |
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.