Hydrogen-Refueling-Solutions
ALHRS.PA
#8739
Rank
HK$0.68 B
Marketcap
HK$44.83
Share price
1.76%
Change (1 day)
-65.90%
Change (1 year)

P/E ratio for Hydrogen-Refueling-Solutions (ALHRS.PA)

P/E ratio at the end of 2023: -67.1

According to Hydrogen-Refueling-Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.3078. At the end of 2023 the company had a P/E ratio of -67.1.

P/E ratio history for Hydrogen-Refueling-Solutions from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-67.1-96.76%
2022< -1000-22.89%
2021< -1000

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.