P/E ratio for Hanwha Solutions (009830.KS)
P/E ratio as of May 2023 (TTM): 12.1
According to Hanwha Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0836. At the end of 2021 the company had a P/E ratio of 10.7.
P/E ratio history for Hanwha Solutions from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.7 | -58.48% |
| 2020 | 25.8 | -293.2% |
| 2019 | -13.3 | -174.13% |
| 2018 | 18.0 | 168.86% |
| 2017 | 6.69 | 20.84% |
| 2016 | 5.53 | -77.24% |
| 2015 | 24.3 | -27.49% |
| 2014 | 33.5 | -91.25% |
| 2013 | 383 | 309.79% |
| 2012 | 93.5 | 560.86% |
| 2011 | 14.2 | 24.9% |
| 2010 | 11.3 | 97.57% |
| 2009 | 5.74 | -69.88% |
| 2008 | 19.0 | 115.23% |
| 2007 | 8.85 |
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.