According to Henkel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7066. At the end of 2018 the company had a P/E ratio of 18.0.
Year | P/E ratio | Change |
---|---|---|
2018 | 18.0 | -5.59% |
2017 | 19.1 | -20.57% |
2016 | 24.0 | 2.76% |
2015 | 23.3 | -2.35% |
2014 | 23.9 | 3.51% |
2013 | 23.1 | 24.68% |
2012 | 18.5 | 10.93% |
2011 | 16.7 | -7.77% |
2010 | 18.1 | -31.41% |
2009 | 26.4 |
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.