P/E ratio for Hiscox (HSX.L)
P/E ratio at the end of 2021: 20.1
According to Hiscox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2480.4. At the end of 2021 the company had a P/E ratio of 20.1.
P/E ratio history for Hiscox from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.1 | -242.12% |
| 2020 | -14.1 | -113.28% |
| 2019 | 106 | 113.65% |
| 2018 | 49.8 | -66.73% |
| 2017 | 150 | 1592.99% |
| 2016 | 8.83 | -29.33% |
| 2015 | 12.5 | 42.44% |
| 2014 | 8.78 | 8.22% |
| 2013 | 8.11 | 18.31% |
| 2012 | 6.85 | -87.79% |
| 2011 | 56.2 | 743.83% |
| 2010 | 6.66 | 98.89% |
| 2009 | 3.35 | -79.14% |
| 2008 | 16.0 | 323.42% |
| 2007 | 3.79 | -13.97% |
| 2006 | 4.40 | -60.14% |
| 2005 | 11.0 |
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.