P/E ratio for Ringmetall (HP3A.DE)
P/E ratio at the end of 2022: 7.98
According to Ringmetall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 7.98.
P/E ratio history for Ringmetall from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.98 | -8.48% |
| 2021 | 8.72 | -71.76% |
| 2020 | 30.9 | 5.26% |
| 2019 | 29.3 | 76.21% |
| 2018 | 16.6 | 11.98% |
| 2017 | 14.9 | 15.35% |
| 2016 | 12.9 | -122.19% |
| 2015 | -58.1 | -387.49% |
| 2014 | 20.2 | -189.63% |
| 2013 | -22.5 | 86.13% |
| 2012 | -12.1 | -205.34% |
| 2011 | 11.5 | 122% |
| 2010 | 5.18 | -405.32% |
| 2009 | -1.70 | -88.08% |
| 2008 | -14.2 | -131.84% |
| 2007 | 44.7 |
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.