Heisco (Heavy Engineering Industries and Shipbuilding Company)
SHIP.KW
#6743
Rank
NZ$0.81 B
Marketcap
$4,502
Share price
-0.73%
Change (1 day)
3.41%
Change (1 year)

P/E ratio for Heisco (Heavy Engineering Industries and Shipbuilding Company) (SHIP.KW)

P/E ratio as of November 2024 (TTM): > 1000

According to Heisco (Heavy Engineering Industries and Shipbuilding Company)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28050.9. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Heisco (Heavy Engineering Industries and Shipbuilding Company) from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 100038.06%
2021> 100082.31%
2020> 100021.13%
2019> 1000-18.12%
2018> 100029.89%
2017> 100026.83%
2016> 1000-12.96%
2015> 1000-40.94%
2014> 1000-21.07%
2013> 1000-23.86%
2012> 100010.85%
2011> 10001109.19%
2010> 1000-92.07%
2009> 1000-81.47%
2008> 1000587.09%
2007> 1000-266.31%
2006< -1000

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.