Hillenbrand
HI
#4385
Rank
$1.91 B
Marketcap
$27.20
Share price
-4.06%
Change (1 day)
-37.86%
Change (1 year)

P/E ratio for Hillenbrand (HI)

P/E ratio as of September 2024 (TTM): 3.13

According to Hillenbrand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.13043. At the end of 2022 the company had a P/E ratio of 14.7.

P/E ratio history for Hillenbrand from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.7-15.1%
202117.3-89.11%
2020159578.67%
201923.5-14.04%
201827.317.21%
201723.39.88%
201621.215.84%
201518.30.2%
201418.3-31.75%
201326.765.61%
201216.228.07%
201112.6-12.13%
201014.430.26%
200911.01.06%
200810.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-12.3-492.15%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6 684.27%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 762.50%๐Ÿ‡บ๐Ÿ‡ธ USA
8.58 174.11%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.