According to Harvey Norman's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40865. At the end of 2022 the company had a P/E ratio of 5.49.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.49 | -21.16% |
2021 | 6.96 | -17.64% |
2020 | 8.45 | -22.05% |
2019 | 10.8 | 24.53% |
2018 | 8.70 | 5.84% |
2017 | 8.22 | -33.94% |
2016 | 12.4 | -21.99% |
2015 | 16.0 | 48.73% |
2014 | 10.7 | -17.45% |
2013 | 13.0 | 69.52% |
2012 | 7.67 | 21.06% |
2011 | 6.33 | -47.33% |
2010 | 12.0 | -1.58% |
2009 | 12.2 | 95.59% |
2008 | 6.25 | -40.26% |
2007 | 10.5 | -33.23% |
2006 | 15.7 | 0.13% |
2005 | 15.6 | -7.79% |
2004 | 17.0 | -1.88% |
2003 | 17.3 | -29.06% |
2002 | 24.4 | -42.28% |
2001 | 42.2 |
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.