P/E ratio for Hollysys Automation Technologie (HOLI)
P/E ratio as of April 2024 (TTM): 14.0
According to Hollysys Automation Technologie's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0286. At the end of 2022 the company had a P/E ratio of 9.23.
P/E ratio history for Hollysys Automation Technologie from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.23 | -12.15% |
| 2021 | 10.5 | -19.89% |
| 2020 | 13.1 | 54.26% |
| 2019 | 8.50 | -2.4% |
| 2018 | 8.71 | -38.59% |
| 2017 | 14.2 | 13.04% |
| 2016 | 12.5 | 9.19% |
| 2015 | 11.5 | -36.96% |
| 2014 | 18.2 | 4.98% |
| 2013 | 17.4 | 34.49% |
| 2012 | 12.9 | 36.58% |
| 2011 | 9.45 | -58.22% |
| 2010 | 22.6 | -105.65% |
| 2009 | -400 | -3597.13% |
| 2008 | 11.4 | |
| 2006 | -144 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Emerson EMR | 4.78 | -65.92% | 🇺🇸 USA |
 Rockwell Automation
ROK | 23.3 | 66.40% | 🇺🇸 USA |
 ABB ABBN.SW | 23.0 | 63.72% | 🇨🇭 Switzerland |
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.