P/E ratio for Hera Group (HER.MI)
P/E ratio as of January 2023 (TTM): 7.53
According to Hera Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.52837. At the end of 2021 the company had a P/E ratio of 16.1.
P/E ratio history for Hera Group from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.1 | 11% |
| 2020 | 14.5 | -2.82% |
| 2019 | 14.9 | 5.15% |
| 2018 | 14.2 | -16.81% |
| 2017 | 17.0 | 9.47% |
| 2016 | 15.5 | -21.95% |
| 2015 | 19.9 | 16.75% |
| 2014 | 17.1 | 26.15% |
| 2013 | 13.5 | 14.92% |
| 2012 | 11.8 | 0.29% |
| 2011 | 11.7 | -19.7% |
| 2010 | 14.6 | -38.62% |
| 2009 | 23.8 | 43.16% |
| 2008 | 16.6 | -47.9% |
| 2007 | 31.9 | -13.65% |
| 2006 | 37.0 | 63.3% |
| 2005 | 22.6 | -40.43% |
| 2004 | 38.0 | 48.94% |
| 2003 | 25.5 |
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.