P/E ratio for Haynes International (HAYN)

P/E ratio history for Haynes International from 2007 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Allegheny Technologies ATI	25.2	49.82%	🇺🇸 USA
Carpenter Technology CRS	81.1	381.52%	🇺🇸 USA
U.S. Steel X	7.88	-53.19%	🇺🇸 USA
Worthington Enterprises WOR	7.03	-58.27%	🇺🇸 USA
Nucor NUE	7.78	-53.76%	🇺🇸 USA
Dynamic Materials Corporation BOOM	5.22	-69.02%	🇺🇸 USA
Ferroglobe GSM	4.36	-74.09%	🇬🇧 UK
Commercial Metals Company CMC	7.50	-55.46%	🇺🇸 USA

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.