According to Halwani Bros's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.5863. At the end of 2022 the company had a P/E ratio of 559.
Year | P/E ratio | Change |
---|---|---|
2022 | 559 | 1362.95% |
2021 | 38.2 | 34.72% |
2020 | 28.4 | -94.4% |
2019 | 506 | 1571.22% |
2018 | 30.3 | 49.42% |
2017 | 20.3 | -40.94% |
2016 | 34.3 | 94.24% |
2015 | 17.7 | -32.26% |
2014 | 26.1 | |
2012 | 13.7 | -29.13% |
2011 | 19.3 | 35.7% |
2010 | 14.3 |
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.