P/E ratio for Howden Joinery (HWDN.L)
P/E ratio at the end of 2022: 9.23
According to Howden Joinery's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 9.23.
P/E ratio history for Howden Joinery from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.23 | -45.03% |
| 2021 | 16.8 | -38.74% |
| 2020 | 27.4 | 42.7% |
| 2019 | 19.2 | 33.48% |
| 2018 | 14.4 | -4.95% |
| 2017 | 15.1 | 9.64% |
| 2016 | 13.8 | -19.12% |
| 2015 | 17.1 | 24.7% |
| 2014 | 13.7 | -20.54% |
| 2013 | 17.2 | 61.42% |
| 2012 | 10.7 | 52.11% |
| 2011 | 7.02 | -9.52% |
| 2010 | 7.76 | -4.05% |
| 2009 | 8.09 | -655.26% |
| 2008 | -1.46 | -117.75% |
| 2007 | 8.21 | -357.96% |
| 2006 | -3.18 | 11.04% |
| 2005 | -2.86 | -104.32% |
| 2004 | 66.3 | 830.58% |
| 2003 | 7.13 | -41.97% |
| 2002 | 12.3 | -41.58% |
| 2001 | 21.0 |
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.