P/E ratio for Helloworld Travel (HLO.AX)
P/E ratio at the end of 2023: 23.1
According to Helloworld Travel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6988. At the end of 2023 the company had a P/E ratio of 23.1.
P/E ratio history for Helloworld Travel from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 23.1 | 734.27% |
| 2022 | 2.77 | -148.77% |
| 2021 | -5.67 | 61.02% |
| 2020 | -3.52 | -125% |
| 2019 | 14.1 | -5.71% |
| 2018 | 14.9 | -5.29% |
| 2017 | 15.8 | -88.14% |
| 2016 | 133 | -20835.2% |
| 2015 | -0.6421 | -49.4% |
| 2014 | -1.27 | -121.15% |
| 2013 | 6.00 | -67.04% |
| 2012 | 18.2 | 91.9% |
| 2011 | 9.49 | -38.76% |
| 2010 | 15.5 | 96.9% |
| 2009 | 7.87 | 29.09% |
| 2008 | 6.09 | -48.14% |
| 2007 | 11.8 | 17.04% |
| 2006 | 10.0 | 12.9% |
| 2005 | 8.89 | 32.99% |
| 2004 | 6.69 | -126.54% |
| 2003 | -25.2 | 36.86% |
| 2002 | -18.4 | 171.34% |
| 2001 | -6.78 |
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.