P/E ratio for Harsco (HSC)
P/E ratio as of February 2023 (TTM): -3.85
According to Harsco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.84834. At the end of 2021 the company had a P/E ratio of -418.
P/E ratio history for Harsco from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -418 | 666.73% |
| 2020 | -54.5 | -1598.87% |
| 2019 | 3.64 | -68.88% |
| 2018 | 11.7 | -93.74% |
| 2017 | 187 | |
| 2015 | 113 | -278.78% |
| 2014 | -63.0 | 533.49% |
| 2013 | -9.94 | 33.23% |
| 2012 | -7.46 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dover DOV | 19.3 | -601.76% | 🇺🇸 USA |
 General Electric GE | -14.9 | 286.82% | 🇺🇸 USA |
 Trinity Industries
TRN | 16.3 | -524.42% | 🇺🇸 USA |
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.