P/E ratio for Hanwha Solutions (009830.KS)
P/E ratio as of April 2024 (TTM): 33.6
According to Hanwha Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5803. 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 |
|---|---|---|
| 2022 | 22.8 | 121.25% |
| 2021 | 10.3 | -58.41% |
| 2020 | 24.8 | -293.26% |
| 2019 | -12.8 | -174.02% |
| 2018 | 17.3 | 168.86% |
| 2017 | 6.45 | 20.78% |
| 2016 | 5.34 | -77.25% |
| 2015 | 23.5 | -26.03% |
| 2014 | 31.7 | -91.42% |
| 2013 | 370 | 307.82% |
| 2012 | 90.6 | 563.66% |
| 2011 | 13.7 | 24.52% |
| 2010 | 11.0 | 98.94% |
| 2009 | 5.51 | -63.22% |
| 2008 | 15.0 | 77.49% |
| 2007 | 8.44 |
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.