Hera Group
HER.MI
#2666
Rank
C$7.28 B
Marketcap
$5.05
Share price
1.48%
Change (1 day)
17.98%
Change (1 year)

P/E ratio for Hera Group (HER.MI)

P/E ratio as of November 2024 (TTM): 12.4

According to Hera Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4169. At the end of 2022 the company had a P/E ratio of 14.4.

P/E ratio history for Hera Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.4-10.36%
202116.111%
202014.5-2.82%
201914.95.15%
201814.2-16.81%
201717.09%
201615.6-21.62%
201519.917.37%
201417.025.82%
201313.514.8%
201211.7-0.27%
201111.8-19.95%
201014.7-38.18%
200923.8

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.