Hapag-Lloyd
HLAG.DE
#676
Rank
โ‚น2.518 T
Marketcap
โ‚น14,234
Share price
-2.02%
Change (1 day)
28.17%
Change (1 year)

P/E ratio for Hapag-Lloyd (HLAG.DE)

P/E ratio as of November 2024 (TTM): 2.57

According to Hapag-Lloyd 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.5726. At the end of 2022 the company had a P/E ratio of 1.83.

P/E ratio history for Hapag-Lloyd from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.83-65.83%
20215.37-69.23%
202017.4-53.04%
201937.1-65.4%
2018107-82.16%
2017602-2346.27%
2016-26.8-238.35%
201519.4

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.