P/E ratio for Brødrene Hartmann A/S (HART.CO)
P/E ratio as of May 2024 (TTM): 24.9
According to Brødrene Hartmann A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.9164. At the end of 2022 the company had a P/E ratio of -70.2.
P/E ratio history for Brødrene Hartmann A/S from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -70.2 | -307.48% |
| 2021 | 33.9 | 167.72% |
| 2020 | 12.6 | 0.66% |
| 2019 | 12.6 | -29.87% |
| 2018 | 17.9 | -1.47% |
| 2017 | 18.2 | 32.33% |
| 2016 | 13.7 | -18.37% |
| 2015 | 16.8 | 67.35% |
| 2014 | 10.1 | -25.32% |
| 2013 | 13.5 | 59.71% |
| 2012 | 8.43 | -8.16% |
| 2011 | 9.18 | -11.81% |
| 2010 | 10.4 | -43.01% |
| 2009 | 18.3 |
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.