THG (The Hut Group)
THG.L
#6248
Rank
ยฃ0.63 B
Marketcap
ยฃ0.41
Share price
-0.29%
Change (1 day)
1.93%
Change (1 year)

P/E ratio for THG (The Hut Group) (THG.L)

P/E ratio at the end of 2024: -2.02

According to THG (The Hut Group)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -187.127. At the end of 2024 the company had a P/E ratio of -2.02.

P/E ratio history for THG (The Hut Group) from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-2.02-58.17%
2023-4.82326.59%
2022-1.13-93.58%
2021-17.648.19%
2020-11.9

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.