Hvidbjerg Bank
HVID.CO
#9640
Rank
โ‚น2.49 B
Marketcap
โ‚น1,486
Share price
1.63%
Change (1 day)
13.83%
Change (1 year)

P/E ratio for Hvidbjerg Bank (HVID.CO)

P/E ratio as of December 2024 (TTM): 6.59

According to Hvidbjerg Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.58765. At the end of 2023 the company had a P/E ratio of 1.11.

P/E ratio history for Hvidbjerg Bank from 2012 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20231.11-24.06%
20221.46-7.67%
20211.58-11.43%
20201.78160.36%
20190.6848-87.53%
20185.49200.94%
20171.82-19.59%
20162.27171.73%
20150.8352-14.03%
20140.9714-183.53%
2013-1.16263.51%
2012-0.3199-50.55%
2011-0.6469-53.39%
2010-1.39-114.57%
20099.52
200728.7

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.