Harvey Norman
HVN.AX
#3110
Rank
S$5.11 B
Marketcap
$4.10
Share price
-0.82%
Change (1 day)
-6.88%
Change (1 year)

P/E ratio for Harvey Norman (HVN.AX)

P/E ratio at the end of 2022: 5.24

According to Harvey Norman's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.83776. At the end of 2022 the company had a P/E ratio of 5.24.

P/E ratio history for Harvey Norman from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.24-21.16%
20216.65-17.64%
20208.07-22.05%
201910.424.53%
20188.325.84%
20177.86-33.94%
201611.9-21.99%
201515.348.73%
201410.3-17.45%
201312.469.52%
20127.3321.06%
20116.05-47.33%
201011.5-1.58%
200911.795.59%
20085.97-40.26%
20079.99-33.23%
200615.00.13%
200514.9-7.79%
200416.2-1.88%
200316.5-29.06%
200223.3-42.28%
200140.3

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.