Home Invest Belgium
HOMI.BR
#7323
Rank
A$0.50 B
Marketcap
$25.16
Share price
0.13%
Change (1 day)
7.50%
Change (1 year)

P/E ratio for Home Invest Belgium (HOMI.BR)

P/E ratio as of November 2024 (TTM): 3.67

According to Home Invest Belgium's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.6694. At the end of 2022 the company had a P/E ratio of 6.51.

P/E ratio history for Home Invest Belgium from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20226.51-21.39%
20218.28-58.69%
202020.0196.66%
20196.7554.24%
20184.38-81.69%
201723.943.62%
201616.7-13.83%
201519.317.54%
201416.475.28%
20139.38-49.25%
201218.546.87%
201112.6-12.85%
201014.4-20.64%
200918.2-14.63%
200821.3

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.