P/E ratio for Hotel Property Investments (HPI.AX)
P/E ratio at the end of 2023: 158
According to Hotel Property Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 191.262. At the end of 2023 the company had a P/E ratio of 158.
P/E ratio history for Hotel Property Investments from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 158 | 6086.28% |
| 2022 | 2.56 | -51.11% |
| 2021 | 5.23 | -46.36% |
| 2020 | 9.75 | 9.35% |
| 2019 | 8.91 | 10.79% |
| 2018 | 8.05 | 121.14% |
| 2017 | 3.64 | -41.7% |
| 2016 | 6.24 | -28.42% |
| 2015 | 8.72 | 190.3% |
| 2014 | 3.00 |
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.