DHH SpA (MIL:DHH) PE Ratio: 29.31 (As of Jul. 02, 2026) — 46% Below Median


MIL:DHH DHH SpA MIL:DHH
84 GF Score
Price €27.20
GF Value €25.17
Valuation Fairly Valued
! 3 Warning Signs
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What is DHH SpA PE Ratio?

DHH SpA MIL:DHH -0.73% 84 PE Ratio is 29.31 as of Jul. 02, 2026, which is 46% below its 10-year median of 54.49. GuruFocus rates MIL:DHH with a GF Score™ of 84/100 and a GF Value™ of €25.17 (Fairly Valued). The stock has 3 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-02), DHH SpA's share price is €27.20. DHH SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.93. Therefore, DHH SpA's PE Ratio for today is 29.31.

During the past 11 years, DHH SpA's highest PE Ratio was 201.32. The lowest was 19.63. And the median was 54.49.

DHH SpA's EPS (Diluted) for the six months ended in Dec. 2025 was €0.48. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.93.

As of today (2026-07-02), DHH SpA's share price is €27.20. DHH SpA's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.94. Therefore, DHH SpA's PE Ratio without NRI ratio for today is 28.84.

During the past 11 years, DHH SpA's highest PE Ratio without NRI was 198.22. The lowest was 17.91. And the median was 38.46.

DHH SpA's EPS without NRI for the six months ended in Dec. 2025 was €0.49. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.94.

During the past 12 months, DHH SpA's average EPS without NRI Growth Rate was 26.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was 31.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 17.60% per year. During the past 10 years, the average EPS without NRI Growth Rate was 24.00% per year.

During the past 11 years, DHH SpA's highest 3-Year average EPS without NRI Growth Rate was 85.70% per year. The lowest was -28.50% per year. And the median was 30.10% per year.

DHH SpA's EPS (Basic) for the six months ended in Dec. 2025 was €0.48. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.93.

Back to Basics: PE Ratio


DHH SpA  (MIL:DHH) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


DHH SpA PE Ratio Related Terms


DHH SpA PE Ratio Historical Data

* Premium members only.

The historical data trend for DHH SpA's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DHH SpA PE Ratio Chart

DHH SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.41 98.40 22.30 31.00 24.57

DHH SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.30 At Loss 31.00 At Loss 24.57

MIL:DHH vs MSFT, ORCL, PLTR: PE Ratio Comparison

For the Software - Infrastructure subindustry, DHH SpA's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DHH SpA PE Ratio vs Software Industry

For the Software industry and Technology sector, DHH SpA's PE Ratio distribution charts can be found below:

* The bar in red indicates where DHH SpA's PE Ratio falls into.


MIL:DHH
84GF Score
DHH SpA MIL:DHH
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DHH SpA PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

DHH SpA's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=27.20/0.928
=29.31

DHH SpA's Share Price of today is €27.20.
For company reported semi-annually, DHH SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.93.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 29.31 mean?
DHH SpA (MIL:DHH) has a PE Ratio of 29.31 as of Jul. 02, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on DHH SpA and its competitors. This is 46% below median its historical median of 54.49. Over the past decade, DHH SpA's PE Ratio has ranged from 19.63 to 201.32.
Is DHH SpA's PE Ratio too high?
DHH SpA's current PE Ratio of 29.31 is 46% below median its 10-year median of 54.49. Over the past 10 years, this metric has ranged from a low of 19.63 to a high of 201.32. Overall, DHH SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DHH SpA's PE Ratio compare to MSFT and ORCL?
DHH SpA's PE Ratio of 29.31 can be compared against companies in the Software industry. Historically, DHH SpA's own PE Ratio has ranged from 19.63 to 201.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Software company?
A good PE Ratio depends on the Software industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on DHH SpA and its competitors. DHH SpA's current PE Ratio is 29.31, which is 46% below median its own 10-year median of 54.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHH SpA stock overvalued right now?
Based on GuruFocus' analysis, DHH SpA (MIL:DHH) is currently considered Fairly Valued. The stock's GF Value™ is €25.17, compared to a current price of €27.20 — trading 8.1% above its estimated fair value. The current PE Ratio is 29.31, which is 46% below median its 10-year median of 54.49. DHH SpA's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For DHH SpA (MIL:DHH), the current PE Ratio is 29.31 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DHH SpA (MIL:DHH) Overvalued in 2026?

Based on GuruFocus' analysis, DHH SpA stock appears to be overvalued. The current stock price of €27.20 is trading 8.1% above its estimated GF Value™ of €25.17. GuruFocus considers DHH SpA to be Fairly Valued.

Key valuation signals for MIL:DHH:

  • PE Ratio: 29.31 (46% below median its 10-year median of 54.49)
  • GF Value™: €25.17 vs. price of €27.20 (8.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the MIL:DHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHH SpA Business Description

Other Exchanges 1EH:Germany
Address Via Caldera 21, Green Building ala 2, Milan, ITA, 20153
DHH SpA is a technology group dedicated to developing digital infrastructure in Southern Europe. It specializes in providing the technology needed to run websites, apps, e-commerce platforms, and Software as a Service (SaaS) solutions. The Group's operating segments are: Cloud computing, Cloud Hosting, Business connectivity, Datacenter & Networking, and Managed IT Services. The majority of its revenue is generated from the Cloud computing segment, which is engaged in the sales of servers, storage, networks, and SaaS (Software as a Service) sales of applications and software platforms as a service. Geographically, it derives maximum revenue from Italy, and the rest from Slovenia, Croatia, Serbia, Switzerland, and Bulgaria.
84GF Score

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PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.20
Price
€25.17
GF Value