P/E ratio for Huhtamäki (HUH1V.HE)
P/E ratio as of May 2024 (TTM): 21.6
According to Huhtamäki's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5994. At the end of 2022 the company had a P/E ratio of 12.1.
P/E ratio history for Huhtamäki from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.1 | -40.47% |
| 2021 | 20.4 | -18.09% |
| 2020 | 24.9 | 9.34% |
| 2019 | 22.7 | 20.99% |
| 2018 | 18.8 | -0.13% |
| 2017 | 18.8 | -3.46% |
| 2016 | 19.5 | -17.38% |
| 2015 | 23.6 | 43.67% |
| 2014 | 16.4 | -19.88% |
| 2013 | 20.5 | 98.76% |
| 2012 | 10.3 | -5.45% |
| 2011 | 10.9 | |
| 2009 | 15.9 |
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.