P/E ratio for H&M (HM-B.ST)
P/E ratio as of April 2024 (TTM): 47.1
According to H&M's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.0954. At the end of 2022 the company had a P/E ratio of 52.2.
P/E ratio history for H&M from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 52.2 | 94.65% |
| 2021 | 26.8 | -88.46% |
| 2020 | 232 | 890.84% |
| 2019 | 23.5 | 41.05% |
| 2018 | 16.6 | -4.03% |
| 2017 | 17.3 | -23% |
| 2016 | 22.5 | -5.91% |
| 2015 | 23.9 | -11.33% |
| 2014 | 27.0 | -5.83% |
| 2013 | 28.6 | 27.96% |
| 2012 | 22.4 | -2.23% |
| 2011 | 22.9 | 15.41% |
| 2010 | 19.8 | -1.2% |
| 2009 | 20.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 lululemon athletica LULU | 46.1 | -2.11% | 🇨🇦 Canada |
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.