P/E ratio for Hanwha Aerospace (012450.KS)
P/E ratio as of May 2024 (TTM): 14.0
According to Hanwha Aerospace's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0431. At the end of 2022 the company had a P/E ratio of 22.8.
P/E ratio history for Hanwha Aerospace from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.8 | 137.32% |
| 2021 | 9.62 | -19% |
| 2020 | 11.9 | -13.03% |
| 2019 | 13.7 | -74.13% |
| 2018 | 52.8 | -232.52% |
| 2017 | -39.8 | -695.92% |
| 2016 | 6.69 | -97.99% |
| 2015 | 332 | -3216.26% |
| 2014 | -10.7 | -148.9% |
| 2013 | 21.8 | -11.93% |
| 2012 | 24.8 | 101.07% |
| 2011 | 12.3 | -47.61% |
| 2010 | 23.5 | -16.58% |
| 2009 | 28.2 | |
| 2007 | 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.