P/E ratio for Helios Technologies (HLIO)
P/E ratio as of April 2024 (TTM): 21.6
According to Helios Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6137. At the end of 2022 the company had a P/E ratio of 18.0.
P/E ratio history for Helios Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.0 | -44.65% |
| 2021 | 32.5 | -73.81% |
| 2020 | 124 | 403.98% |
| 2019 | 24.6 | 10.39% |
| 2018 | 22.3 | -59.71% |
| 2017 | 55.3 | 21.73% |
| 2016 | 45.4 | 78.93% |
| 2015 | 25.4 | 6.36% |
| 2014 | 23.9 | -14.66% |
| 2013 | 28.0 | 54.41% |
| 2012 | 18.1 | 13.63% |
| 2011 | 15.9 | -46.87% |
| 2010 | 30.0 | -87.43% |
| 2009 | 239 | 1863.31% |
| 2008 | 12.2 | -35.28% |
| 2007 | 18.8 | 35.09% |
| 2006 | 13.9 | -14.62% |
| 2005 | 16.3 | 14.74% |
| 2004 | 14.2 | -31.87% |
| 2003 | 20.8 | -27.08% |
| 2002 | 28.6 | -43.98% |
| 2001 | 51.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Parker-Hannifin
PH | 30.3 | 40.30% | 🇺🇸 USA |
 NN, Inc.
NNBR | -3.34 | -115.46% | 🇺🇸 USA |
 Ichor Systems ICHR | 49.8 | 130.62% | 🇺🇸 USA |
 Helios Technologies HLIO | 21.6 | 0.00% | 🇺🇸 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.