Haynes International
HAYN
#5928
Rank
ยฃ0.59 B
Marketcap
ยฃ46.86
Share price
0.12%
Change (1 day)
20.97%
Change (1 year)

P/E ratio for Haynes International (HAYN)

P/E ratio as of November 2024 (TTM): 16.8

According to Haynes International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8194. At the end of 2022 the company had a P/E ratio of 11.8.

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

PE ratio at the end of each year

Year P/E ratio Change
202211.8-90.9%
2021130-885.82%
2020-16.6-153.67%
201930.8-108.18%
2018-3772947.74%
2017-12.4-109.21%
2016134614.01%
201518.8-57.71%
201444.5-21.06%
201356.4320.55%
201213.4-31.02%
201119.4-40.08%
201032.4-577.15%
2009-6.80-223.66%
20085.50-53.27%
200711.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.0 48.74%๐Ÿ‡บ๐Ÿ‡ธ USA
81.3 383.17%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12-51.72%๐Ÿ‡บ๐Ÿ‡ธ USA
7.16-57.42%๐Ÿ‡บ๐Ÿ‡ธ USA
8.03-52.23%๐Ÿ‡บ๐Ÿ‡ธ USA
5.55-67.00%๐Ÿ‡บ๐Ÿ‡ธ USA
4.45-73.56%๐Ÿ‡ฌ๐Ÿ‡ง UK
7.60-54.82%๐Ÿ‡บ๐Ÿ‡ธ 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.