Himax
HIMX
#5077
Rank
$1.00 B
Marketcap
$5.75
Share price
4.36%
Change (1 day)
-26.19%
Change (1 year)

P/E ratio for Himax (HIMX)

P/E ratio as of March 2024 (TTM): 14.5

According to Himax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5. At the end of 2022 the company had a P/E ratio of 4.58.

P/E ratio history for Himax from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.58-28.34%
20216.39-76.48%
202027.2-180.28%
2019-33.8-151.31%
201866.01.28%
201765.1217%
201620.5-62.92%
201555.4169.47%
201420.6-49.68%
201340.9438%
20127.59-53.67%
201116.425.03%
201013.1-1.55%
200913.3239.14%
20083.93-47.58%
20077.49-38.88%
200612.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-108-842.24%๐Ÿ‡บ๐Ÿ‡ธ USA
> 1000 10,964.97%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4 47.43%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.