Reason: Rebranded as Enviri
Last recorded trade on: August 18, 2023
Source: https://www.globenewswire.com/news-release/2023/06/05/2681810/625/en/Harsco-Corporation-announces-name-change-to-Enviri-Corporation.html
P/E ratio for Harsco (HSC)
P/E ratio on August 18, 2023 (TTM): -13.3
According to Harsco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.2609. At the end of 2022 the company had a P/E ratio of -2.78.
P/E ratio history for Harsco from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.78 | -99.33% |
| 2021 | -418 | 666.73% |
| 2020 | -54.5 | -1598.87% |
| 2019 | 3.64 | -68.88% |
| 2018 | 11.7 | -93.74% |
| 2017 | 187 | |
| 2015 | 113 | -272.82% |
| 2014 | -65.1 | 555.33% |
| 2013 | -9.94 | 33.23% |
| 2012 | -7.46 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 26.3 | -298.44% | 🇺🇸 USA |
 | 20.6 | -255.70% | 🇺🇸 USA |
 | 19.8 | -249.38% | 🇺🇸 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.