P/E ratio for Heineken (HEIA.AS)
P/E ratio at the end of 2022: 18.9
According to Heineken's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 18.9.
P/E ratio history for Heineken from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.9 | 9.4% |
| 2021 | 17.2 | -106.8% |
| 2020 | -253 | -1100.01% |
| 2019 | 25.3 | 10.89% |
| 2018 | 22.9 | -10.89% |
| 2017 | 25.6 | -2.84% |
| 2016 | 26.4 | 9.5% |
| 2015 | 24.1 | 9.13% |
| 2014 | 22.1 | 7.27% |
| 2013 | 20.6 | 102.55% |
| 2012 | 10.2 | -30.66% |
| 2011 | 14.7 | 1.14% |
| 2010 | 14.5 | -9.87% |
| 2009 | 16.1 | -67.78% |
| 2008 | 49.9 | 87.66% |
| 2007 | 26.6 | 82.31% |
| 2006 | 14.6 | -15.57% |
| 2005 | 17.3 | -8.18% |
| 2004 | 18.8 | 0.56% |
| 2003 | 18.7 | -17.2% |
| 2002 | 22.6 | -22.74% |
| 2001 | 29.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 19.2 | N/A | 🇧🇪 Belgium |
 Ambev ABEV | 12.9 | N/A | 🇧🇷 Brazil |
 Boston Beer Company SAM | 41.9 | N/A | 🇺🇸 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.