P/E ratio for Hillenbrand (HI)
P/E ratio as of May 2024 (TTM): 5.12
According to Hillenbrand's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.11899. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Hillenbrand from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -15.1% |
| 2021 | 17.3 | -89.11% |
| 2020 | 159 | 578.67% |
| 2019 | 23.5 | -14.04% |
| 2018 | 27.3 | 17.21% |
| 2017 | 23.3 | 9.88% |
| 2016 | 21.2 | 15.84% |
| 2015 | 18.3 | 0.2% |
| 2014 | 18.3 | -31.75% |
| 2013 | 26.7 | 65.61% |
| 2012 | 16.2 | 28.07% |
| 2011 | 12.6 | -12.13% |
| 2010 | 14.4 | 30.26% |
| 2009 | 11.0 | 1.06% |
| 2008 | 10.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kimberly-Clark KMB | 25.8 | 403.98% | 🇺🇸 USA |
 Dupont De Nemours DD | 8.01 | 56.38% | 🇺🇸 USA |
 Matthews International Corporation
MATW | -15.1 | -395.17% | 🇺🇸 USA |
 Service Corporation International
SCI | 21.9 | 328.08% | 🇺🇸 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.