Hera Group
HER.MI
#2657
Rank
$4.30 B
Marketcap
$2.96
Share price
0.29%
Change (1 day)
-25.44%
Change (1 year)

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
202116.111%
202014.5-2.82%
201914.95.15%
201814.2-16.81%
201717.09.47%
201615.5-21.95%
201519.916.75%
201417.126.15%
201313.514.92%
201211.80.29%
201111.7-19.7%
201014.6-38.62%
200923.843.16%
200816.6-47.9%
200731.9-13.65%
200637.063.3%
200522.6-40.43%
200438.048.94%
200325.5

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.