P/E ratio for Hexagon Composites (HEX.OL)
P/E ratio as of March 2025 (TTM): 2.21
According to Hexagon Composites's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.21431. At the end of 2022 the company had a P/E ratio of -11.3.
P/E ratio history for Hexagon Composites from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.3 | -29.95% |
| 2021 | -16.1 | -71.74% |
| 2020 | -56.9 | -241.04% |
| 2019 | 40.3 | 98.19% |
| 2018 | 20.4 | -55.23% |
| 2017 | 45.5 | 240.67% |
| 2016 | 13.3 | -97.96% |
| 2015 | 654 | 5043.91% |
| 2014 | 12.7 | -62.13% |
| 2013 | 33.6 | -19.94% |
| 2012 | 42.0 | 229.61% |
| 2011 | 12.7 | -60.51% |
| 2010 | 32.2 | 120.67% |
| 2009 | 14.6 |
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.