P/E ratio for Freedom Holding (FRHC)
P/E ratio as of May 2024 (TTM): 18.7
According to Freedom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6584. At the end of 2022 the company had a P/E ratio of 38.3.
P/E ratio history for Freedom Holding from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.3 | 246.95% |
| 2021 | 11.0 | -65.14% |
| 2020 | 31.7 | -10.69% |
| 2019 | 35.5 | -101.48% |
| 2018 | < -1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oppenheimer Holdings
OPY | 10.6 | -43.35% | 🇺🇸 USA |
 Nomura Holdings NMR | 17.9 | -3.80% | 🇯🇵 Japan |
 Moelis & Company MC | 91.0 | 387.62% | 🇺🇸 USA |
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.