Hanwha Solutions
009830.KS
#3073
Rank
$3.75 B
Marketcap
$21.92
Share price
-2.58%
Change (1 day)
-40.72%
Change (1 year)

P/E ratio for Hanwha Solutions (009830.KS)

P/E ratio as of June 2024 (TTM): 42.1

According to Hanwha Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 42.1002. At the end of 2022 the company had a P/E ratio of 22.8.

P/E ratio history for Hanwha Solutions from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.8121.25%
202110.3-58.41%
202024.8-293.26%
2019-12.8-174.02%
201817.3168.86%
20176.4520.78%
20165.34-77.25%
201523.5-26.03%
201431.7-91.42%
2013370307.82%
201290.6563.66%
201113.724.52%
201011.098.94%
20095.51-63.22%
200815.077.49%
20078.44

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.