Hotel Property Investments
HPI.AX
#6896
Rank
โ‚ฌ0.44 B
Marketcap
2,25ย โ‚ฌ
Share price
0.00%
Change (1 day)
25.35%
Change (1 year)

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

P/E ratio at the end of 2023: 158

According to Hotel Property Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 191.666. At the end of 2023 the company had a P/E ratio of 158.

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
20231586086.28%
20222.55-51.11%
20215.21-46.36%
20209.719.35%
20198.8810.79%
20188.01121.14%
20173.62-41.7%
20166.22-28.42%
20158.68190.3%
20142.99

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.