Halma PLC
LSE:HLMA
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (36.7), the stock would be worth GBX3 367.28 (25% downside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 49.1 | GBX4 508 |
0%
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| 3-Year Average | 36.7 | GBX3 367.28 |
-25%
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| 5-Year Average | 36.8 | GBX3 379.04 |
-25%
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| Industry Average | 0.3 | GBX30.91 |
-99%
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| Country Average | 0.2 | GBX19.1 |
-100%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
GBX15.5B
|
/ |
Oct 2025
£347m
|
= |
|
|
GBX15.5B
|
/ |
Mar 2026
£426.5m
|
= |
|
|
GBX15.5B
|
/ |
Mar 2027
£472.9m
|
= |
|
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GBX15.5B
|
/ |
Mar 2028
£516.9m
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= |
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Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| UK |
|
Halma PLC
LSE:HLMA
|
16.7B GBP | 49.1 | |
| JP |
|
Keyence Corp
TSE:6861
|
18.5T JPY | 41.7 | |
| US |
|
Keysight Technologies Inc
NYSE:KEYS
|
60.1B USD | 62 | |
| CN |
|
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
332.6B CNY | 22.3 | |
| US |
|
Teledyne Technologies Inc
NYSE:TDY
|
29.9B USD | 31.8 | |
| SE |
|
Hexagon AB
STO:HEXA B
|
266.4B SEK | 12.2 | |
| TW |
|
Chroma ATE Inc
TWSE:2360
|
898B TWD | 76.8 | |
| CN |
|
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
192.9B CNY | 1 890.2 | |
| CN |
|
Huagong Tech Co Ltd
SZSE:000988
|
120.2B CNY | 81.7 | |
| US |
|
Trimble Inc
NASDAQ:TRMB
|
15.9B USD | 37.5 | |
| US |
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
14.5B USD | 97.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.1 |
| Median | 0.2 |
| 70th Percentile | 0.3 |
| Max | 828.3 |
Other Multiples
Halma PLC
Glance View
Halma PLC is a remarkable story of strategic evolution and steady perseverance in the world of niche market technologies. Founded in 1894 and initially involved in the rubber processing industry, the company transformed into a globally recognized enterprise dedicated to creating a safer, cleaner, and healthier environment. Headquartered in Amersham, UK, Halma operates through a decentralized model, comprising around 50 small businesses organized under four sectors: Process Safety, Infrastructure Safety, Environmental & Analysis, and Medical. This structure enables Halma to remain agile, fostering innovation and responsiveness to market changes. By acquiring companies that align with its mission and prioritizing continuous R&D investment, Halma fortifies its position as a leader in its chosen sectors. Revenue generation for Halma is predominantly driven by the sale of products and services that ensure safety and compliance across various industries. Within its Process Safety division, Halma supplies devices aimed at protecting industrial plants from explosion hazards, while its Infrastructure Safety segment focuses on sensor technologies to mitigate risks in work environments. The group’s Environmental & Analysis arm offers sophisticated systems for water quality monitoring and pollution control, reflecting industry needs for environmental stewardship. Meanwhile, its Medical segment provides products aiding in patient assessment and treatment, ranging from ophthalmic instruments to diagnostic solutions. This diversified business model, emphasizing necessity-driven technologies, ensures Halma a stable income stream and positions it as a resilient enterprise capable of adapting to global challenges.