P/E ratio for Hera Group (HER.MI)
P/E ratio as of April 2024 (TTM): 12.5
According to Hera Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5455. At the end of 2022 the company had a P/E ratio of 14.4.
P/E ratio history for Hera Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.4 | -10.36% |
| 2021 | 16.1 | 11% |
| 2020 | 14.5 | -2.82% |
| 2019 | 14.9 | 5.15% |
| 2018 | 14.2 | -16.81% |
| 2017 | 17.0 | 9% |
| 2016 | 15.6 | -21.62% |
| 2015 | 19.9 | 17.37% |
| 2014 | 17.0 | 25.82% |
| 2013 | 13.5 | 14.8% |
| 2012 | 11.7 | -0.27% |
| 2011 | 11.8 | -19.95% |
| 2010 | 14.7 | -38.18% |
| 2009 | 23.8 |
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.