HASI (Hannon Armstrong)
HASI
#3073
Rank
NZ$6.66 B
Marketcap
$56.75
Share price
0.26%
Change (1 day)
39.42%
Change (1 year)

P/E ratio for HASI (Hannon Armstrong) (HASI)

P/E ratio as of September 2024 (TTM): 61.6

According to HASI (Hannon Armstrong)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 61.5965. At the end of 2022 the company had a P/E ratio of 59.1.

P/E ratio history for HASI (Hannon Armstrong) from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202259.171.46%
202134.5-38.55%
202056.1119.79%
201925.50.55%
201825.4-39.83%
201742.2-28.87%
201659.3-31%
201586.0178%
201430.9-270.76%
2013-18.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
115 87.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.7-151.43%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.9-122.60%๐Ÿ‡จ๐Ÿ‡ฆ Canada
24.7-59.82%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.