Healius Limited
HLS.AX
#5967
Rank
C$1.05 B
Marketcap
$1.45
Share price
-0.32%
Change (1 day)
1.01%
Change (1 year)

P/E ratio for Healius Limited (HLS.AX)

P/E ratio at the end of 2023: -4.77

According to Healius Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.65042. At the end of 2023 the company had a P/E ratio of -4.77.

P/E ratio history for Healius Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-4.77-171.15%
20226.70-88.2%
202156.8-315.8%
2020-26.3-185.68%
201930.7-83.2%
2018183-5687.2%
2017-3.27-114.12%
201623.246.03%
201515.960.73%
20149.88-12.01%
201311.237.65%
20128.15-38.03%
201113.229.96%
201010.1-31.69%
200914.8-89.49%
2008141552.38%
200721.6-17.37%
200626.2-17.41%
200531.75.73%
200430.0-9.35%
200333.1-51%
200267.5-12.24%
200176.9

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.