According to Hotel Properties Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86.0197. At the end of 2023 the company had a P/E ratio of 3.42.
Year | P/E ratio | Change |
---|---|---|
2023 | 3.42 | -94.55% |
2022 | 62.6 | -178.9% |
2021 | -79.4 | 856.68% |
2020 | -8.30 | -120.35% |
2019 | 40.8 | 148.69% |
2018 | 16.4 | 36.71% |
2017 | 12.0 | -42.94% |
2016 | 21.0 | -20.77% |
2015 | 26.5 | 46.67% |
2014 | 18.1 | 93.62% |
2013 | 9.34 | -22.25% |
2012 | 12.0 | -3.55% |
2011 | 12.5 | 22.26% |
2010 | 10.2 | -68.63% |
2009 | 32.5 | 99.75% |
2008 | 16.3 | 23.66% |
2007 | 13.1 | 7.1% |
2006 | 12.3 | -33.08% |
2005 | 18.3 | -3.57% |
2004 | 19.0 | -80.6% |
2003 | 98.1 | 276.32% |
2002 | 26.1 |
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.