Hartalega
5168.KL
#4133
Rank
$1.99 B
Marketcap
$0.59
Share price
0.73%
Change (1 day)
40.48%
Change (1 year)

P/E ratio for Hartalega (5168.KL)

P/E ratio as of March 2024 (TTM): -23.4

According to Hartalega's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.392. At the end of 2022 the company had a P/E ratio of -51.2.

P/E ratio history for Hartalega from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-51.2-1289.86%
20214.30-80.45%
202022.0-50.9%
201944.85.83%
201842.4-0.65%
201742.737.23%
201631.1-19.16%
201538.446.4%
201426.320.66%
201321.839.32%
201215.6

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.