P/E ratio for Hapag-Lloyd (HLAG.DE)
P/E ratio as of April 2024 (TTM): 2.32
According to Hapag-Lloyd 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.32132. At the end of 2022 the company had a P/E ratio of 1.83.
P/E ratio history for Hapag-Lloyd from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.83 | -65.83% |
| 2021 | 5.37 | -69.23% |
| 2020 | 17.4 | -53.04% |
| 2019 | 37.1 | -65.4% |
| 2018 | 107 | -82.16% |
| 2017 | 602 | -2346.27% |
| 2016 | -26.8 | -238.35% |
| 2015 | 19.4 |
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.