Hanwha Solutions
009830.KS
#1906
Rank
$7.17 B
Marketcap
$37.54
Share price
-0.43%
Change (1 day)
42.85%
Change (1 year)

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

P/E ratio as of January 2023 (TTM): 13.7

According to Hanwha Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6967. 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
202110.7-58.48%
202025.8-293.2%
2019-13.3-174.13%
201818.0168.86%
20176.6920.84%
20165.53-77.24%
201524.3-27.49%
201433.5-91.25%
2013383309.79%
201293.5560.86%
201114.224.9%
201011.397.57%
20095.74-69.88%
200819.0115.23%
20078.85

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.