Halkbank
HALKB.IS
#3382
Rank
NZ$5.84 B
Marketcap
$0.81
Share price
1.61%
Change (1 day)
9.40%
Change (1 year)

P/E ratio for Halkbank (HALKB.IS)

P/E ratio as of November 2024 (TTM): 0.0000

According to Halkbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.66422E-8. At the end of 2022 the company had a P/E ratio of 0.0000.

P/E ratio history for Halkbank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20220.0000-100%
20216.08127.58%
20202.67-18.59%
20193.28-0.84%
20183.31-0.57%
20173.33-27.84%
20164.61-17.88%
20155.61-26.75%
20147.6643.38%
20135.34-36.58%
20128.4338.74%
20116.0744.63%
20104.20-7.09%
20094.52

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.