Reason: Acquired by JD Sports Fashion plc
Last recorded trade on: September 27, 2024
Source: https://investors.hibbett.com/websites/hibbett/English/2120/news-detail.html?airportNewsID=91ee51eb-ecef-477e-8ced-abad02f4c27c
P/E ratio for Hibbett Sports (HIBB)
P/E ratio on September 27, 2024 (TTM): 10.1
According to Hibbett Sports 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1145. At the end of 2022 the company had a P/E ratio of 8.34.
P/E ratio history for Hibbett Sports from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.34 | 31.83% |
| 2021 | 6.33 | -53.56% |
| 2020 | 13.6 | -26.16% |
| 2019 | 18.4 | 114.14% |
| 2018 | 8.61 | -26.1% |
| 2017 | 11.7 | -8.12% |
| 2016 | 12.7 | 25.02% |
| 2015 | 10.1 | -42.38% |
| 2014 | 17.6 | -25.52% |
| 2013 | 23.6 | 18% |
| 2012 | 20.0 | -9.52% |
| 2011 | 22.1 | -3.97% |
| 2010 | 23.1 | 4.88% |
| 2009 | 22.0 | 42.77% |
| 2008 | 15.4 | -13.66% |
| 2007 | 17.8 | -36.89% |
| 2006 | 28.3 | -8.05% |
| 2005 | 30.7 | 11.45% |
| 2004 | 27.6 | 9.05% |
| 2003 | 25.3 | 43.93% |
| 2002 | 17.6 | 1.02% |
| 2001 | 17.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 6.12 | -39.52% | 🇺🇸 USA |
 | 16.9 | 66.85% | 🇺🇸 USA |
 | 11.8 | 17.12% | 🇺🇸 USA |
 | -18.9 | -286.55% | 🇺🇸 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.