Alony Hetz
ALHE.TA
#4779
Rank
C$2.15 B
Marketcap
$11.19
Share price
3.45%
Change (1 day)
38.32%
Change (1 year)

P/E ratio for Alony Hetz (ALHE.TA)

P/E ratio as of November 2024 (TTM): -4.02

According to Alony Hetz 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.02399. At the end of 2022 the company had a P/E ratio of -23.7.

P/E ratio history for Alony Hetz from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-23.7-461.44%
20216.56-76.35%
202027.8179.55%
20199.93-10.99%
201811.26.84%
201710.433.16%
20167.842.79%
20157.63-25.27%
201410.216.5%
20138.7612.45%
20127.79

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.