P/E ratio for Havertys (HVT)
P/E ratio as of September 2023 (TTM): 6.40
According to Havertys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.40089. At the end of 2021 the company had a P/E ratio of 6.00.
P/E ratio history for Havertys from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.00 | -29.97% |
| 2020 | 8.57 | -52.7% |
| 2019 | 18.1 | 40.76% |
| 2018 | 12.9 | -43.88% |
| 2017 | 22.9 | 28.7% |
| 2016 | 17.8 | 3.06% |
| 2015 | 17.3 | -70.15% |
| 2014 | 57.9 | 166.47% |
| 2013 | 21.7 | -9.38% |
| 2012 | 24.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Williams-Sonoma WSM | 10.5 | 64.78% | 🇺🇸 USA |
 Ethan Allen
ETD | 7.22 | 12.84% | 🇺🇸 USA |
 Restoration Hardware
RH | 18.1 | 183.10% | 🇺🇸 USA |
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.