Hexagon Composites
HEX.OL
#5773
Rank
โ‚น72.98 B
Marketcap
โ‚น348.23
Share price
3.16%
Change (1 day)
71.23%
Change (1 year)

P/E ratio for Hexagon Composites (HEX.OL)

P/E ratio as of November 2024 (TTM): 4.55

According to Hexagon Composites's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.54618. At the end of 2022 the company had a P/E ratio of -11.3.

P/E ratio history for Hexagon Composites from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-11.3-29.95%
2021-16.1-71.74%
2020-56.9-241.04%
201940.398.19%
201820.4-55.23%
201745.5240.67%
201613.3-97.96%
20156545043.91%
201412.7-62.13%
201333.6-19.94%
201242.0229.61%
201112.7-60.51%
201032.2120.67%
200914.6

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.