Hubbell
HUBB
#1302
Rank
$11.94 B
Marketcap
$222.47
Share price
1.45%
Change (1 day)
7.50%
Change (1 year)
Hubbell Incorporated is an American company that designs, manufactures and sells electrical and electronic products for non-residential and residential construction, industrial and utility applications.

P/E ratio for Hubbell (HUBB)

P/E ratio as of August 2022 (TTM): 22.9

According to Hubbell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8643. At the end of 2021 the company had a P/E ratio of 28.4.

P/E ratio history for Hubbell from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202128.417.07%
202024.320.68%
201920.133.01%
201815.1-50.73%
201730.738.33%
201622.25.18%
201521.18.99%
201419.4-2.08%
201319.817.94%
201216.812.04%
201115.0

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.