Harvey Norman
HVN.AX
#2929
Rank
$4.18 B
Marketcap
$3.36
Share price
1.98%
Change (1 day)
36.59%
Change (1 year)

P/E ratio for Harvey Norman (HVN.AX)

P/E ratio at the end of 2022: 5.49

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.

P/E ratio history for Harvey Norman from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.49-21.16%
20216.96-17.64%
20208.45-22.05%
201910.824.53%
20188.705.84%
20178.22-33.94%
201612.4-21.99%
201516.048.73%
201410.7-17.45%
201313.069.52%
20127.6721.06%
20116.33-47.33%
201012.0-1.58%
200912.295.59%
20086.25-40.26%
200710.5-33.23%
200615.70.13%
200515.6-7.79%
200417.0-1.88%
200317.3-29.06%
200224.4-42.28%
200142.2

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.