According to Helia Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.82888. At the end of 2023 the company had a P/E ratio of 4.68.
Year | P/E ratio | Change |
---|---|---|
2023 | 4.68 | -9.11% |
2022 | 5.15 | 18.06% |
2021 | 4.36 | -158.29% |
2020 | -7.48 | -163.28% |
2019 | 11.8 | 3.08% |
2018 | 11.5 | 42.29% |
2017 | 8.06 | 6.1% |
2016 | 7.60 | 13.62% |
2015 | 6.69 | -19.24% |
2014 | 8.28 |
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.