Hoa Phat Group
HPG.VN
#2351
Rank
NZ$10.61 B
Marketcap
$1.66
Share price
0.60%
Change (1 day)
-4.53%
Change (1 year)

P/E ratio for Hoa Phat Group (HPG.VN)

P/E ratio as of September 2024 (TTM): 16.8

According to Hoa Phat Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8053. At the end of 2019 the company had a P/E ratio of 8.64.

P/E ratio history for Hoa Phat Group from 2013 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20198.6413.28%
20187.63

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.