According to HELLENiQ ENERGY's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3824. At the end of 2022 the company had a P/E ratio of 2.61.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.61 | -52.62% |
2021 | 5.50 | -232.51% |
2020 | -4.15 | -125.1% |
2019 | 16.5 | 54.71% |
2018 | 10.7 | 75.68% |
2017 | 6.09 | 50.13% |
2016 | 4.06 | -83.94% |
2015 | 25.3 | -897.37% |
2014 | -3.17 | -64.13% |
2013 | -8.83 | -133.58% |
2012 | 26.3 | 52.68% |
2011 | 17.2 | 73.34% |
2010 | 9.93 |
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.