The Hershey Company
HSY
#508
Rank
$39.71 B
Marketcap
$194.50
Share price
0.41%
Change (1 day)
-23.09%
Change (1 year)
Categories

P/E ratio for The Hershey Company (HSY)

P/E ratio as of March 2024 (TTM): 20.4

According to The Hershey Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3665. At the end of 2022 the company had a P/E ratio of 28.2.

P/E ratio history for The Hershey Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.27.16%
202126.39.04%
202024.1-7.36%
201926.140.05%
201818.6-38.03%
201730.0-0.13%
201630.1-18.83%
201537.039.36%
201426.62.79%
201325.936.06%
201219.0-14.79%
201122.39.74%
201020.311.3%
200918.3-27.99%
200825.4-38.26%
200741.198.95%
200620.6-23.91%
200527.112.65%
200424.19.18%
200322.1-3.18%
200222.8-48.85%
200144.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.9-17.02%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 2.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.05-129.69%๐Ÿ‡บ๐Ÿ‡ธ USA

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.