HiPay Group
ALHYP.PA
#9817
Rank
C$40.23 M
Marketcap
$8.06
Share price
0.75%
Change (1 day)
-24.34%
Change (1 year)

P/E ratio for HiPay Group (ALHYP.PA)

P/E ratio at the end of 2023: 15.0

According to HiPay Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4953. At the end of 2023 the company had a P/E ratio of 15.0.

P/E ratio history for HiPay Group from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202315.0-802.39%
2022-2.13-88.6%
2021-18.7-34.03%
2020-28.4701.14%
2019-3.54-22.83%
2018-4.59-64.98%
2017-13.1-40.06%
2016-21.960.59%
2015-13.6

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.