P/E ratio for Himax (HIMX)
P/E ratio as of March 2023 (TTM): 5.86
According to Himax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.85546. At the end of 2021 the company had a P/E ratio of 6.39.
P/E ratio history for Himax from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.39 | -76.48% |
| 2020 | 27.2 | -181.3% |
| 2019 | -33.4 | -150.66% |
| 2018 | 66.0 | 2.55% |
| 2017 | 64.3 | 213.09% |
| 2016 | 20.5 | -62.92% |
| 2015 | 55.4 | 169.47% |
| 2014 | 20.6 | -49.96% |
| 2013 | 41.1 | 411.91% |
| 2012 | 8.03 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | 14.9 | 154.52% | 🇺🇸 USA |
 AMD AMD | 58.0 | 889.82% | 🇺🇸 USA |
 Texas Instruments TXN | 18.6 | 217.23% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 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.