P/E ratio for Havertys (HVT)
P/E ratio as of May 2024 (TTM): 7.33
According to Havertys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.33002. At the end of 2022 the company had a P/E ratio of 5.50.
P/E ratio history for Havertys from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.50 | -8.41% |
| 2021 | 6.00 | -30.47% |
| 2020 | 8.63 | -52.37% |
| 2019 | 18.1 | 40.76% |
| 2018 | 12.9 | -43.88% |
| 2017 | 22.9 | 28.7% |
| 2016 | 17.8 | 3.06% |
| 2015 | 17.3 | -70.15% |
| 2014 | 57.9 | 166.47% |
| 2013 | 21.7 | -9.38% |
| 2012 | 24.0 | 55.1% |
| 2011 | 15.5 | -54.46% |
| 2010 | 34.0 | -150.04% |
| 2009 | -67.9 | 312.19% |
| 2008 | -16.5 | -115.8% |
| 2007 | 104 | 399.94% |
| 2006 | 20.9 | 8.57% |
| 2005 | 19.2 | 4.85% |
| 2004 | 18.3 | 5.73% |
| 2003 | 17.3 | 38.35% |
| 2002 | 12.5 | -31.15% |
| 2001 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Williams-Sonoma WSM | 21.4 | 191.73% | 🇺🇸 USA |
 Ethan Allen
ETD | 8.32 | 13.50% | 🇺🇸 USA |
 Restoration Hardware
RH | 20.0 | 173.51% | 🇺🇸 USA |
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.