Heartland Express
HTLD
#5222
Rank
$0.94 B
Marketcap
$11.94
Share price
2.40%
Change (1 day)
-23.17%
Change (1 year)

P/E ratio for Heartland Express (HTLD)

P/E ratio as of March 2024 (TTM): 37.3

According to Heartland Express's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3125. At the end of 2022 the company had a P/E ratio of 9.08.

P/E ratio history for Heartland Express from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.08-46.03%
202116.8-19.15%
202020.8-12.04%
201923.713.73%
201820.8-18.92%
201725.6-14.34%
201629.947.77%
201520.3-27.23%
201427.817.8%
201323.630.22%
201218.2-0.92%
201118.3-22.24%
201023.6-5.89%
200925.014.36%
200821.920.4%
200718.26.51%
200617.1-18.12%
200520.8-23%
200427.126.46%
200321.4-19.64%
200226.613.5%
200123.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.6-55.44%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9-51.92%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-36.98%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.