According to HMM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.9609. At the end of 2022 the company had a P/E ratio of 0.9510.
Year | P/E ratio | Change |
---|---|---|
2022 | 0.9510 | -54.46% |
2021 | 2.09 | -97.47% |
2020 | 82.7 | -5658.41% |
2019 | -1.49 | 64.22% |
2018 | -0.9060 | 15.08% |
2017 | -0.7873 | 585.61% |
2016 | -0.1148 | -32.43% |
2015 | -0.1699 | -100.33% |
2014 | 51.0 | -2105.23% |
2013 | -2.54 | -26.49% |
2012 | -3.46 | -49.33% |
2011 | -6.83 | -161.81% |
2010 | 11.1 | -361.28% |
2009 | -4.23 | -166.51% |
2008 | 6.36 | -81% |
2007 | 33.5 |
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.