P/E ratio for HF Sinclair (DINO)
P/E ratio as of May 2023 (TTM): 2.85
According to HF Sinclair's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.85332. At the end of 2021 the company had a P/E ratio of 9.64.
P/E ratio history for HF Sinclair from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.64 | -238.37% |
| 2020 | -6.97 | -163.48% |
| 2019 | 11.0 | 33.98% |
| 2018 | 8.19 | -27.39% |
| 2017 | 11.3 | |
| 2015 | 10.4 | -61.3% |
| 2014 | 26.8 | 96.11% |
| 2013 | 13.7 | 147.22% |
| 2012 | 5.52 |
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.