Helia Group
HLI.AX
#6037
Rank
NZ$1.36 B
Marketcap
$5.03
Share price
-0.66%
Change (1 day)
6.67%
Change (1 year)

P/E ratio for Helia Group (HLI.AX)

P/E ratio at the end of 2023: 4.68

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.

P/E ratio history for Helia Group from 2014 to 2023

201620192022-5510150companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
20234.68-9.11%
20225.1518.06%
20214.36-158.29%
2020-7.48-163.28%
201911.83.08%
201811.542.29%
20178.066.1%
20167.6013.62%
20156.69-19.24%
20148.28

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.