P/E ratio for Hamilton Lane (HLNE)
P/E ratio as of April 2024 (TTM): 38.3
According to Hamilton Lane's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.3412. At the end of 2022 the company had a P/E ratio of 24.6.
P/E ratio history for Hamilton Lane from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.6 | 10.49% |
| 2021 | 22.2 | -30.2% |
| 2020 | 31.9 | -5.39% |
| 2019 | 33.7 | 67.45% |
| 2018 | 20.1 | -86.24% |
| 2017 | 146 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lazard LAZ | -34.8 | -190.67% | 🇧🇲 Bermuda |
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.