P/E ratio for HASI (Hannon Armstrong) (HASI)
P/E ratio as of April 2024 (TTM): 44.6
According to HASI (Hannon Armstrong)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.5965. At the end of 2022 the company had a P/E ratio of 59.1.
P/E ratio history for HASI (Hannon Armstrong) from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.1 | 71.46% |
| 2021 | 34.5 | -38.55% |
| 2020 | 56.1 | 119.79% |
| 2019 | 25.5 | 0.55% |
| 2018 | 25.4 | -39.83% |
| 2017 | 42.2 | -28.87% |
| 2016 | 59.3 | -31% |
| 2015 | 86.0 | 178% |
| 2014 | 30.9 | -270.76% |
| 2013 | -18.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Simon Property Group SPG | 21.1 | -52.59% | 🇺🇸 USA |
 Summit Hotel Properties INN | -27.6 | -161.87% | 🇺🇸 USA |
 Physicians Realty Trust
DOC | 96.5 | 116.44% | 🇺🇸 USA |
 City Office REIT
CIO | -10.2 | -122.89% | 🇨🇦 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.