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.
Year | P/E ratio | Change |
---|---|---|
2022 | -51.2 | -1289.86% |
2021 | 4.30 | -80.45% |
2020 | 22.0 | -50.9% |
2019 | 44.8 | 5.83% |
2018 | 42.4 | -0.65% |
2017 | 42.7 | 37.23% |
2016 | 31.1 | -19.16% |
2015 | 38.4 | 46.4% |
2014 | 26.3 | 20.66% |
2013 | 21.8 | 39.32% |
2012 | 15.6 |
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.