Hermรจs
RMS.PA
#38
Rank
$266.96 B
Marketcap
$2,549
Share price
-0.92%
Change (1 day)
31.15%
Change (1 year)

P/E ratio for Hermรจs (RMS.PA)

P/E ratio at the end of 2021: 65.8

According to Hermรจs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 65.8.

P/E ratio history for Hermรจs from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202165.8-1.24%
202066.645.5%
201945.829.22%
201835.4-7.11%
201738.12.98%
201637.09.76%
201533.7-5.21%
201435.62.59%
201334.78.08%
201232.1-20.82%
201140.63.22%
201039.316.63%
200933.7-7.93%
200836.615.29%
200731.7-15.93%
200637.721.66%
200531.022.76%
200425.3-1.43%
200325.611.27%
200223.0-26.6%
200131.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.2N/A๐Ÿ‡ซ๐Ÿ‡ท France
N/AN/A๐Ÿ‡ฎ๐Ÿ‡น Italy

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.