P/E ratio for Diamond Hill Investment Group (DHIL)
P/E ratio as of April 2024 (TTM): 10.2
According to Diamond Hill Investment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2189. At the end of 2022 the company had a P/E ratio of 14.1.
P/E ratio history for Diamond Hill Investment Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.1 | 69.46% |
| 2021 | 8.33 | -32.67% |
| 2020 | 12.4 | 41.42% |
| 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 | 37.64% |
| 2012 | 12.5 | -17.88% |
| 2011 | 15.2 | -5.92% |
| 2010 | 16.1 | 9.86% |
| 2009 | 14.7 | -69.02% |
| 2008 | 47.4 | 198.56% |
| 2007 | 15.9 | -14.4% |
| 2006 | 18.6 | 31.08% |
| 2005 | 14.2 | -109.3% |
| 2004 | -152 | 1413.95% |
| 2003 | -10.1 | 346.45% |
| 2002 | -2.25 | -45.93% |
| 2001 | -4.17 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameriprise Financial
AMP | 16.5 | 61.07% | 🇺🇸 USA |
 Silvercrest Asset Management Group SAMG | 11.4 | 11.59% | 🇺🇸 USA |
 Stifel
SF | 16.2 | 58.95% | 🇺🇸 USA |
 Lazard LAZ | -33.2 | -424.73% | 🇧🇲 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.