P/E ratio for Paul Hartmann (PHH2.F)
P/E ratio at the end of 2022: 19.1
According to Paul Hartmann's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2053. At the end of 2022 the company had a P/E ratio of 19.1.
P/E ratio history for Paul Hartmann from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.1 | 70.93% |
| 2021 | 11.2 | 15.61% |
| 2020 | 9.65 | -37.07% |
| 2019 | 15.3 | 33.72% |
| 2018 | 11.5 | -17.5% |
| 2017 | 13.9 | -10.49% |
| 2016 | 15.5 | -12.27% |
| 2015 | 17.7 | 40.25% |
| 2014 | 12.6 | 6.93% |
| 2013 | 11.8 | -1.32% |
| 2012 | 12.0 | 57.65% |
| 2011 | 7.59 | -20.53% |
| 2010 | 9.55 | 29.15% |
| 2009 | 7.39 |
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.