P/E ratio for HD Bank (Ho Chi Minh City Development Joint Stock Commercial Bank) (HDB.VN)
P/E ratio as of April 2025 (TTM): 5.75
According to HD Bank (Ho Chi Minh City Development Joint Stock Commercial Bank)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.75388. At the end of 2023 the company had a P/E ratio of 5.83.
P/E ratio history for HD Bank (Ho Chi Minh City Development Joint Stock Commercial Bank) from 2021 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.83 | -1.71% |
| 2022 | 5.93 | -55.97% |
| 2021 | 13.5 | 14.82% |
| 2020 | 11.7 | 21.63% |
| 2019 | 9.65 | -43.17% |
| 2018 | 17.0 |
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.