JSC Halyk Bank
H4L1.F
#2755
Rank
$4.92 B
Marketcap
๐Ÿ‡ฐ๐Ÿ‡ฟ
Country
$18.06
Share price
-3.91%
Change (1 day)
23.70%
Change (1 year)

P/E ratio for JSC Halyk Bank (H4L1.F)

P/E ratio as of December 2024 (TTM): 3.53

According to JSC Halyk Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.52657. At the end of 2022 the company had a P/E ratio of 2.48.

P/E ratio history for JSC Halyk Bank from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.48-43.56%
20214.4010.38%
20203.99-13.02%
20194.5818.97%
20183.85-26.24%
20175.2221.88%
20164.29
20137.4213.92%
20126.51

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.