Hotel Property Investments
HPI.AX
#6931
Rank
A$0.73 B
Marketcap
$3.75
Share price
0.00%
Change (1 day)
14.29%
Change (1 year)

P/E ratio for Hotel Property Investments (HPI.AX)

P/E ratio at the end of 2023: 159

According to Hotel Property Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 192.706. At the end of 2023 the company had a P/E ratio of 159.

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
20231596086.28%
20222.57-51.11%
20215.26-46.36%
20209.809.35%
20198.9610.79%
20188.09121.14%
20173.66-41.7%
20166.27-28.42%
20158.77190.3%
20143.02

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.