According to Hexatronic Group AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.39244. At the end of 2022 the company had a P/E ratio of 35.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 35.8 | -53.14% |
2021 | 76.5 | 237.35% |
2020 | 22.7 | -32.77% |
2019 | 33.7 | 15.24% |
2018 | 29.3 | -25.89% |
2017 | 39.5 | |
2015 | 12.6 | 24.75% |
2014 | 10.1 | -79.07% |
2013 | 48.2 | -485.75% |
2012 | -12.5 | -354.91% |
2011 | 4.91 |
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.