According to Hermès's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 65.8.
Year | P/E ratio | Change |
---|---|---|
2021 | 65.8 | -1.24% |
2020 | 66.6 | 45.5% |
2019 | 45.8 | 29.22% |
2018 | 35.4 | -7.11% |
2017 | 38.1 | 2.98% |
2016 | 37.0 | 9.76% |
2015 | 33.7 | -5.21% |
2014 | 35.6 | 2.59% |
2013 | 34.7 | 8.08% |
2012 | 32.1 | -20.82% |
2011 | 40.6 | 3.22% |
2010 | 39.3 | 16.63% |
2009 | 33.7 | -7.93% |
2008 | 36.6 | 15.29% |
2007 | 31.7 | -15.93% |
2006 | 37.7 | 21.66% |
2005 | 31.0 | 22.76% |
2004 | 25.3 | -1.43% |
2003 | 25.6 | 11.27% |
2002 | 23.0 | -26.6% |
2001 | 31.4 |
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.