According to Hochtief's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.4933. At the end of 2022 the company had a P/E ratio of 7.84.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.84 | -66.31% |
2021 | 23.3 | 79.4% |
2020 | 13.0 | -133.31% |
2019 | -38.9 | -380.23% |
2018 | 13.9 | -37.56% |
2017 | 22.3 | -17.11% |
2016 | 26.8 | -3.64% |
2015 | 27.9 | 73.58% |
2014 | 16.1 | -38.92% |
2013 | 26.3 | 21.74% |
2012 | 21.6 | -206.21% |
2011 | -20.3 | -238.61% |
2010 | 14.7 | -20.54% |
2009 | 18.5 |
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.