P/E ratio for Herfy Food Services Company (6002.SR)
P/E ratio as of May 2024 (TTM): 91.6
According to Herfy Food Services Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 91.5595. At the end of 2022 the company had a P/E ratio of 703.
P/E ratio history for Herfy Food Services Company from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 703 | 2547.52% |
| 2021 | 26.6 | -64.6% |
| 2020 | 75.0 | 327.16% |
| 2019 | 17.6 | 23.16% |
| 2018 | 14.3 | -3.18% |
| 2017 | 14.7 | -12.87% |
| 2016 | 16.9 | -26.18% |
| 2015 | 22.9 | 4.49% |
| 2014 | 21.9 | |
| 2012 | 17.0 | -3.3% |
| 2011 | 17.6 |
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.