P/E ratio for Halma (HLMA.L)
P/E ratio at the end of 2022: 38.5
According to Halma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 38.5.
P/E ratio history for Halma from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.5 | -8.23% |
| 2021 | 41.9 | 2.96% |
| 2020 | 40.7 | 5.72% |
| 2019 | 38.5 | 42.36% |
| 2018 | 27.1 | -14.44% |
| 2017 | 31.6 | 8.87% |
| 2016 | 29.1 | 27.95% |
| 2015 | 22.7 | 38.53% |
| 2014 | 16.4 | -8.22% |
| 2013 | 17.9 | 31.87% |
| 2012 | 13.5 | -9.07% |
| 2011 | 14.9 | 8.98% |
| 2010 | 13.7 | 33.78% |
| 2009 | 10.2 | 5.73% |
| 2008 | 9.66 | -21.5% |
| 2007 | 12.3 | -3.86% |
| 2006 | 12.8 | 8.16% |
| 2005 | 11.8 | -30.59% |
| 2004 | 17.1 | 13.91% |
| 2003 | 15.0 | -25.5% |
| 2002 | 20.1 | 31.87% |
| 2001 | 15.2 |
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.