P/E ratio for Honda (HMC)
P/E ratio as of April 2024 (TTM): 9.35
According to Honda's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.35242. At the end of 2022 the company had a P/E ratio of 7.35.
P/E ratio history for Honda from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.35 | 6.63% |
| 2021 | 6.90 | -43.29% |
| 2020 | 12.2 | 6.58% |
| 2019 | 11.4 | 61% |
| 2018 | 7.09 | 7.87% |
| 2017 | 6.57 | -49.26% |
| 2016 | 12.9 | -0.36% |
| 2015 | 13.0 | 35.79% |
| 2014 | 9.57 | -38.39% |
| 2013 | 15.5 | 4.27% |
| 2012 | 14.9 | -36.73% |
| 2011 | 23.5 | 113.09% |
| 2010 | 11.0 | -94.42% |
| 2009 | 198 | 4225.36% |
| 2008 | 4.58 | -50.97% |
| 2007 | 9.34 | -30.03% |
| 2006 | 13.3 | 4.71% |
| 2005 | 12.7 | 14.59% |
| 2004 | 11.1 | 14.95% |
| 2003 | 9.68 | -6.64% |
| 2002 | 10.4 | -33.21% |
| 2001 | 15.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Toyota TM | 11.4 | 22.34% | 🇯🇵 Japan |
 General Motors GM | 6.31 | -32.56% | 🇺🇸 USA |
 Ford F | 8.40 | -10.16% | 🇺🇸 USA |
 Tata Motors TATAMOTORS.NS | 496 | 5,199.54% | 🇮🇳 India |
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.