P/E ratio for Horizon Global (HZN)
P/E ratio as of June 2024 (TTM): -0.5366
According to Horizon Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.536585. At the end of 2021 the company had a P/E ratio of -6.82.
P/E ratio history for Horizon Global from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -6.82 | 14.34% |
| 2020 | -5.97 | -643.54% |
| 2019 | 1.10 | -725.49% |
| 2018 | -0.1755 | -99.79% |
| 2017 | -82.5 | 82.12% |
| 2016 | -45.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 LKQ Corporation LKQ | 11.7 | -2,288.34% | 🇺🇸 USA |
 Goodyear GT | -9.32 | 1,636.51% | 🇺🇸 USA |
 Cooper Tire & Rubber Company CTB | N/A | N/A | 🇺🇸 USA |
 Motorcar Parts of America MPAA | -18.2 | 3,299.54% | 🇺🇸 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.