Hanza AB
HANZA.ST
#7717
Rank
NZ$0.36 B
Marketcap
$8.47
Share price
1.69%
Change (1 day)
-15.35%
Change (1 year)

P/E ratio for Hanza AB (HANZA.ST)

P/E ratio as of September 2024 (TTM): 15.5

According to Hanza AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5488. At the end of 2023 the company had a P/E ratio of 15.9.

P/E ratio history for Hanza AB from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202315.94.33%
202215.3-46.47%
202128.5-108.17%
2020-349-1726.76%
201921.415.38%
201818.613.95%
201716.3-86.78%
20161234597.01%
20152.63-178.86%
2014-3.33

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.