P/E ratio for Federated Hermes (FHI)
P/E ratio as of June 2024 (TTM): 10.3
According to Federated Hermes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.276. At the end of 2022 the company had a P/E ratio of 13.7.
P/E ratio history for Federated Hermes from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.7 | 0.25% |
| 2021 | 13.6 | 52.7% |
| 2020 | 8.92 | -26.4% |
| 2019 | 12.1 | -0.52% |
| 2018 | 12.2 | -2.45% |
| 2017 | 12.5 | -11.27% |
| 2016 | 14.1 | -19.95% |
| 2015 | 17.6 | -23.67% |
| 2014 | 23.0 | 23.94% |
| 2013 | 18.6 | 63.49% |
| 2012 | 11.4 | 9.53% |
| 2011 | 10.4 | -31.8% |
| 2010 | 15.2 | 6.78% |
| 2009 | 14.2 | 87.35% |
| 2008 | 7.61 | -60.83% |
| 2007 | 19.4 | 9.2% |
| 2006 | 17.8 | -27.04% |
| 2005 | 24.4 | 34.67% |
| 2004 | 18.1 | 9.71% |
| 2003 | 16.5 | 18.33% |
| 2002 | 13.9 | -36.6% |
| 2001 | 22.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lazard LAZ | -32.1 | -412.86% | 🇧🇲 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.