P/E ratio for Banco de Brasília (BSLI3.SA)
P/E ratio as of June 2024 (TTM): 13.4
According to Banco de Brasília's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3755. At the end of 2022 the company had a P/E ratio of 21.2.
P/E ratio history for Banco de Brasília from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.2 | 42.53% |
| 2021 | 14.9 | 7.37% |
| 2020 | 13.9 | 207.42% |
| 2019 | 4.51 | -9.56% |
| 2018 | 4.98 | 10.81% |
| 2017 | 4.50 | -0.63% |
| 2016 | 4.53 | -72.14% |
| 2015 | 16.2 | 129.64% |
| 2014 | 7.07 | 13.46% |
| 2013 | 6.23 | 15.78% |
| 2012 | 5.38 | 63722.71% |
| 2011 | 0.0084 | -99.83% |
| 2010 | 5.07 |
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.