P/E ratio for B&M European Value Retail (BME.L)
P/E ratio at the end of 2023: 14.2
According to B&M European Value Retail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1608.7. At the end of 2023 the company had a P/E ratio of 14.2.
P/E ratio history for B&M European Value Retail from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 14.2 | 13.73% |
| 2022 | 12.5 | 7.58% |
| 2021 | 11.6 | -62.35% |
| 2020 | 30.8 | 63.4% |
| 2019 | 18.8 | -1.56% |
| 2018 | 19.1 | -10.65% |
| 2017 | 21.4 | 13.94% |
| 2016 | 18.8 | -71.8% |
| 2015 | 66.7 |
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.