P/E ratio for HEXPOL AB (HPOL-B.ST)
P/E ratio as of May 2024 (TTM): 15.9
According to HEXPOL AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8851. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for HEXPOL AB from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | -12.98% |
| 2021 | 17.7 | -17.7% |
| 2020 | 21.5 | 5% |
| 2019 | 20.5 | 37.86% |
| 2018 | 14.9 | -21.35% |
| 2017 | 18.9 | -9.04% |
| 2016 | 20.8 | -7.64% |
| 2015 | 22.5 | -6.82% |
| 2014 | 24.1 | 35.32% |
| 2013 | 17.8 | 12.16% |
| 2012 | 15.9 | 47.94% |
| 2011 | 10.8 | -27.95% |
| 2010 | 14.9 | -33.76% |
| 2009 | 22.5 |
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.