Haynes International
HAYN
#5439
Rank
$0.77 B
Marketcap
$60.53
Share price
-0.21%
Change (1 day)
24.37%
Change (1 year)

P/E ratio for Haynes International (HAYN)

P/E ratio as of April 2024 (TTM): 16.8

According to Haynes International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8139. At the end of 2022 the company had a P/E ratio of 11.8.

P/E ratio history for Haynes International from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.8-90.9%
2021130-885.82%
2020-16.6-153.67%
201930.8-108.18%
2018-3772947.74%
2017-12.4-109.21%
2016134614.01%
201518.8-57.71%
201444.5-21.06%
201356.4320.55%
201213.4-31.02%
201119.4-40.08%
201032.4-577.15%
2009-6.80-223.66%
20085.50-53.27%
200711.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.74-59.89%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72-42.21%๐Ÿ‡บ๐Ÿ‡ธ USA
9.75-42.03%๐Ÿ‡บ๐Ÿ‡ธ USA
5.37-68.05%๐Ÿ‡ฌ๐Ÿ‡ง UK
9.98-40.67%๐Ÿ‡บ๐Ÿ‡ธ USA
7.93-52.82%๐Ÿ‡บ๐Ÿ‡ธ USA
35.6 111.49%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 30.61%๐Ÿ‡บ๐Ÿ‡ธ 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.