According to Hyundai's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.28013. At the end of 2022 the company had a P/E ratio of 2.70.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.70 | -45.65% |
2021 | 4.96 | -72.48% |
2020 | 18.0 | 179.85% |
2019 | 6.44 | -34.12% |
2018 | 9.78 | 48.15% |
2017 | 6.60 | 41.18% |
2016 | 4.68 | 13.25% |
2015 | 4.13 | -6.57% |
2014 | 4.42 | 10.29% |
2013 | 4.01 | 90.82% |
2012 | 2.10 | 4.48% |
2011 | 2.01 | -35.49% |
2010 | 3.12 | -14.35% |
2009 | 3.64 |
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.