According to Hubbell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1608. At the end of 2022 the company had a P/E ratio of 22.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.4 | -21.04% |
2021 | 28.4 | 17.07% |
2020 | 24.3 | 20.68% |
2019 | 20.1 | 33.01% |
2018 | 15.1 | -50.73% |
2017 | 30.7 | 38.33% |
2016 | 22.2 | 5.18% |
2015 | 21.1 | 8.99% |
2014 | 19.4 | -2.08% |
2013 | 19.8 | 17.94% |
2012 | 16.8 | 12.04% |
2011 | 15.0 | -10.2% |
2010 | 16.7 | 11.28% |
2009 | 15.0 | 81.38% |
2008 | 8.25 | -43.22% |
2007 | 14.5 | -15.77% |
2006 | 17.3 | 3.64% |
2005 | 16.6 | -18.82% |
2004 | 20.5 | -11.2% |
2003 | 23.1 | 21.22% |
2002 | 19.1 | -46.18% |
2001 | 35.4 |
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.