P/E ratio for Himax (HIMX)
P/E ratio as of April 2025 (TTM): 17.7
According to Himax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.6579. 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 |
|---|---|---|
| 2022 | 4.58 | -28.34% |
| 2021 | 6.39 | -76.48% |
| 2020 | 27.2 | -180.28% |
| 2019 | -33.8 | -151.31% |
| 2018 | 66.0 | 1.28% |
| 2017 | 65.1 | 217% |
| 2016 | 20.5 | -62.92% |
| 2015 | 55.4 | 169.47% |
| 2014 | 20.6 | -49.68% |
| 2013 | 40.9 | 438% |
| 2012 | 7.59 | -53.67% |
| 2011 | 16.4 | 25.03% |
| 2010 | 13.1 | -1.55% |
| 2009 | 13.3 | 239.14% |
| 2008 | 3.93 | -47.58% |
| 2007 | 7.49 | -38.88% |
| 2006 | 12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | N/A | N/A | 🇺🇸 USA |
 | 19.2 | 8.66% | 🇺🇸 USA |
 | 797 | 4,411.20% | 🇺🇸 USA |
 | -50.0 | -383.16% | 🇺🇸 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.