P/E ratio for Holmen (HOLM-B.ST)
P/E ratio as of April 2024 (TTM): 14.9
According to Holmen 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9281. At the end of 2022 the company had a P/E ratio of 11.4.
P/E ratio history for Holmen from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.4 | -51.34% |
| 2021 | 23.5 | -27.76% |
| 2020 | 32.5 | 501.08% |
| 2019 | 5.41 | -58.92% |
| 2018 | 13.2 | -40.17% |
| 2017 | 22.0 | 13.2% |
| 2016 | 19.5 | -50.92% |
| 2015 | 39.6 | 60.87% |
| 2014 | 24.6 | -9.41% |
| 2013 | 27.2 | 204.34% |
| 2012 | 8.94 | 114.97% |
| 2011 | 4.16 | -84.23% |
| 2010 | 26.4 | 71.39% |
| 2009 | 15.4 |
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.