Helvetia Baloise Holding AG
HBAN.SW
#981
Rank
HK$191.41 B
Marketcap
HK$1,933
Share price
-0.58%
Change (1 day)
0.25%
Change (1 year)

P/E ratio for Helvetia Baloise Holding AG (HBAN.SW)

P/E ratio at the end of 2024: 17.4

According to Helvetia Baloise Holding AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8833. At the end of 2024 the company had a P/E ratio of 17.4.

P/E ratio history for Helvetia Baloise Holding AG from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.4-15.14%
202320.557.05%
202213.121.3%
202110.8-35.22%
202016.645.28%
201911.4-3.01%
201811.82.86%
201711.5-8.44%
201612.5-16.81%
201515.183.23%
20148.2116.83%
20137.0319.21%
20125.906.12%
20115.563.2%
20105.390.73%
20095.354.31%
20085.12-6.66%
20075.492.29%
20065.370.53%
20055.3488.08%
20042.84-68.42%
20038.99-907.66%
2002-1.11

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.