P/E ratio for Bureau Veritas (BVI.PA)
P/E ratio at the end of 2021: 30.2
According to Bureau Veritas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.5249. At the end of 2021 the company had a P/E ratio of 30.2.
P/E ratio history for Bureau Veritas from 2007 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 30.2 | -56.66% |
| 2020 | 69.7 | 153.22% |
| 2019 | 27.5 | 25.69% |
| 2018 | 21.9 | -24.7% |
| 2017 | 29.1 | 11.61% |
| 2016 | 26.1 | -18.49% |
| 2015 | 32.0 | 31.85% |
| 2014 | 24.3 | 14.77% |
| 2013 | 21.1 | -18.88% |
| 2012 | 26.1 | 499.7% |
| 2011 | 4.34 | 1.45% |
| 2010 | 4.28 | 44.15% |
| 2009 | 2.97 | 7.43% |
| 2008 | 2.77 | -43.96% |
| 2007 | 4.93 |
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.