Hanesbrands
HBI
#4324
Rank
$1.88 B
Marketcap
$5.36
Share price
0.00%
Change (1 day)
10.97%
Change (1 year)
Categories

P/E ratio for Hanesbrands (HBI)

P/E ratio as of July 2024 (TTM): -4.79

According to Hanesbrands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.78571. At the end of 2022 the company had a P/E ratio of -17.7.

P/E ratio history for Hanesbrands from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-17.7-123.25%
202176.0-214.68%
2020-66.3-836.36%
20199.007.02%
20188.41-92.76%
2017116664.75%
201615.2-44.77%
201527.5-0.94%
201427.830.79%
201321.2-1.62%
201221.6169.48%
20118.01-30.65%
201011.5-74.14%
200944.6372.75%
20089.44-54.46%
200720.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.56-299.74%๐Ÿ‡บ๐Ÿ‡ธ USA
32.5-780.06%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-529.74%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9-411.17%๐Ÿ‡จ๐Ÿ‡ฆ 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.