P/E ratio for Hooker Furniture (HOFT)
P/E ratio as of May 2024 (TTM): -18.0
According to Hooker Furniture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18. At the end of 2022 the company had a P/E ratio of 22.5.
P/E ratio history for Hooker Furniture from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.5 | 97.43% |
| 2021 | 11.4 | -34.89% |
| 2020 | 17.5 | 43.27% |
| 2019 | 12.2 | 34.22% |
| 2018 | 9.11 | -43.1% |
| 2017 | 16.0 | -31.62% |
| 2016 | 23.4 | 40.15% |
| 2015 | 16.7 | -6.54% |
| 2014 | 17.9 | -3.5% |
| 2013 | 18.5 | -33.67% |
| 2012 | 27.9 | -4.99% |
| 2011 | 29.4 | 24.88% |
| 2010 | 23.6 | -109.52% |
| 2009 | -247 | -3555.85% |
| 2008 | 7.16 | -111.4% |
| 2007 | -62.8 | -416.47% |
| 2006 | 19.8 | 22.68% |
| 2005 | 16.2 | 11.19% |
| 2004 | 14.6 | -8.7% |
| 2003 | 15.9 | 133.67% |
| 2002 | 6.82 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 11.9 | -166.33% | 🇺🇸 USA |
 Bassett Furniture BSET | 21.8 | -221.20% | 🇺🇸 USA |
 La-Z-Boy
LZB | 10.5 | -158.27% | 🇺🇸 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.