Hargreaves Services
HSP.L
#7736
Rank
C$0.33 B
Marketcap
$9.96
Share price
-1.75%
Change (1 day)
35.16%
Change (1 year)

P/E ratio for Hargreaves Services (HSP.L)

P/E ratio at the end of 2023: 4.68

According to Hargreaves Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 670.235. At the end of 2023 the company had a P/E ratio of 4.68.

P/E ratio history for Hargreaves Services from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20234.68-6.9%
20225.03-27.14%
20216.90-56.16%
202015.7-202.53%
2019-15.4-103.23%
20184762165.36%
201721.0-545.27%
2016-4.71-193.68%
20155.03-6.11%
20145.36-221.95%
2013-4.40-174.13%
20125.93-31.53%
20118.6620.16%
20107.2130.42%
20095.53-33.96%
20088.37-40.95%
200714.25.6%
200613.4

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.