Huntington Ingalls Industries
HII
#2080
Rank
โ‚น645.59 B
Marketcap
โ‚น16,499
Share price
2.65%
Change (1 day)
-17.34%
Change (1 year)
Huntington Ingalls Industries is an American military shipbuilding company and a provider of professional services to partners in government and industry.

P/E ratio for Huntington Ingalls Industries (HII)

P/E ratio as of November 2024 (TTM): 14.6

According to Huntington Ingalls Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.601. At the end of 2022 the company had a P/E ratio of 16.0.

P/E ratio history for Huntington Ingalls Industries from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.015.58%
202113.838.79%
20209.95-47.4%
201918.990.09%
20189.95-55.7%
201722.549.31%
201615.00.01%
201515.0-7.27%
201416.2-5.53%
201317.216.92%
201214.7-196.28%
2011-15.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.3 59.34%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 11.10%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8 35.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-33.8-331.18%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8 90.14%๐Ÿ‡บ๐Ÿ‡ธ USA

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.