According to Hoya's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.3821. At the end of 2022 the company had a P/E ratio of 27.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 27.8 | -31.34% |
2021 | 40.5 | -13.37% |
2020 | 46.7 | 46.11% |
2019 | 32.0 | 43.21% |
2018 | 22.3 | 1.62% |
2017 | 22.0 | -1.47% |
2016 | 22.3 | 0.03% |
2015 | 22.3 | 10.37% |
2014 | 20.2 | 12% |
2013 | 18.0 | 48.71% |
2012 | 12.1 | -29.2% |
2011 | 17.1 | 33.25% |
2010 | 12.9 | -102.22% |
2009 | -579 | -6517.02% |
2008 | 9.02 |
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.