HektaลŸ
HEKTS.IS
#5825
Rank
$0.83 B
Marketcap
$0.09942
Share price
1.78%
Change (1 day)
-86.19%
Change (1 year)

P/E ratio for HektaลŸ (HEKTS.IS)

P/E ratio as of November 2024 (TTM): 20.2

According to HektaลŸ 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2326. At the end of 2022 the company had a P/E ratio of 79.0.

P/E ratio history for HektaลŸ from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202279.081.69%
202143.581.33%
202024.0108.74%
201911.572.56%
20186.66-37.93%
201710.727.39%
20168.424.86%
20158.03-9.69%
20148.8929.37%
20136.87-3.39%
20127.1216.63%
20116.10

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.