Hartalega
5168.KL
#5133
Rank
$0.59 B
Marketcap
$0.36
Share price
-6.11%
Change (1 day)
-75.00%
Change (1 year)

P/E ratio for Hartalega (5168.KL)

P/E ratio as of October 2022 (TTM): 1.46

According to Hartalega's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.45618. At the end of 2021 the company had a P/E ratio of 11.1.

P/E ratio history for Hartalega from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202111.1-79%
202052.853.45%
201934.4-24.48%
201845.658.35%
201728.8-3.28%
201629.7-7.55%
201532.250.73%
201421.336.91%
201315.6-45.78%
201228.8178.75%
201110.3-27.75%
201014.399.97%
20097.14

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.