P/E ratio for Haynes International (HAYN)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Allegheny Technologies ATI	25.0	47.34%	🇺🇸 USA
Carpenter Technology CRS	82.9	389.29%	🇺🇸 USA
U.S. Steel X	7.97	-52.93%	🇺🇸 USA
Worthington Enterprises WOR	6.68	-60.55%	🇺🇸 USA
Nucor NUE	7.59	-55.22%	🇺🇸 USA
Dynamic Materials Corporation BOOM	4.53	-73.24%	🇺🇸 USA
Ferroglobe GSM	4.81	-71.62%	🇬🇧 UK
Commercial Metals Company CMC	7.38	-56.44%	🇺🇸 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.