According to Hexagon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.2377. At the end of 2022 the company had a P/E ratio of 26.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 26.5 | -38.29% |
2021 | 42.9 | -0.74% |
2020 | 43.2 | 65.54% |
2019 | 26.1 | 30.72% |
2018 | 20.0 | -11.3% |
2017 | 22.5 | 14.39% |
2016 | 19.7 | -13.96% |
2015 | 22.9 | 4.03% |
2014 | 22.0 | -2.43% |
2013 | 22.6 | 15.05% |
2012 | 19.6 | 60.28% |
2011 | 12.2 | -77.85% |
2010 | 55.2 | 112.74% |
2009 | 26.0 |
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.