HEXPOL AB
HPOL-B.ST
#3411
Rank
C$4.62 B
Marketcap
$13.44
Share price
1.92%
Change (1 day)
-3.83%
Change (1 year)

P/E ratio for HEXPOL AB (HPOL-B.ST)

P/E ratio as of November 2024 (TTM): 13.2

According to HEXPOL AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2498. At the end of 2022 the company had a P/E ratio of 15.4.

P/E ratio history for HEXPOL AB from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.4-12.98%
202117.7-17.7%
202021.55%
201920.537.86%
201814.9-21.35%
201718.9-9.04%
201620.8-7.64%
201522.5-6.82%
201424.135.32%
201317.812.16%
201215.947.94%
201110.8-27.95%
201014.9-33.76%
200922.5

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.