Helvetia Baloise Holding AG
HBAN.SW
#985
Rank
โ‚น2.224 T
Marketcap
โ‚น22,399
Share price
-0.73%
Change (1 day)
39.04%
Change (1 year)

P/E ratio for Helvetia Baloise Holding AG (HBAN.SW)

P/E ratio at the end of 2024: 18.5

According to Helvetia Baloise Holding AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5185. At the end of 2024 the company had a P/E ratio of 18.5.

P/E ratio history for Helvetia Baloise Holding AG from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202418.5-15.14%
202321.857.05%
202213.921.3%
202111.5-35.22%
202017.745.28%
201912.2-3.01%
201812.62.86%
201712.2-8.44%
201613.3-16.81%
201516.083.23%
20148.7516.83%
20137.4919.21%
20126.286.12%
20115.923.2%
20105.740.73%
20095.694.31%
20085.46-6.66%
20075.852.29%
20065.720.53%
20055.6988.08%
20043.02-68.42%
20039.58-960.29%
2002-1.11

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.