P/E ratio for Diamond Hill Investment Group (DHIL)
P/E ratio as of May 2023 (TTM): 12.5
According to Diamond Hill Investment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4694. At the end of 2021 the company had a P/E ratio of 8.33.
P/E ratio history for Diamond Hill Investment Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.33 | |
| 2019 | 8.75 | -21.1% |
| 2018 | 11.1 | -22.25% |
| 2017 | 14.3 | -8.46% |
| 2016 | 15.6 | -7.69% |
| 2015 | 16.9 | 19.2% |
| 2014 | 14.2 | -17.57% |
| 2013 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameriprise Financial
AMP | 15.4 | 23.44% | 🇺🇸 USA |
 Silvercrest Asset Management Group SAMG | 12.7 | 2.05% | 🇺🇸 USA |
 Stifel
SF | 10.3 | -17.42% | 🇺🇸 USA |
 Lazard LAZ | 7.94 | -36.31% | 🇧🇲 Bermuda |
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.