P/E ratio for BCE (BCE)
P/E ratio as of June 2024 (TTM): 18.6
According to BCE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6181. At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for BCE from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.3 | -12.31% |
| 2021 | 22.0 | 5.95% |
| 2020 | 20.7 | 14.38% |
| 2019 | 18.1 | 8.61% |
| 2018 | 16.7 | -15.41% |
| 2017 | 19.7 | 15.95% |
| 2016 | 17.0 | 0.89% |
| 2015 | 16.9 | -1.1% |
| 2014 | 17.1 | -3.45% |
| 2013 | 17.7 | 32.62% |
| 2012 | 13.3 | -7.81% |
| 2011 | 14.5 | 8.45% |
| 2010 | 13.3 | -9.31% |
| 2009 | 14.7 | -28.63% |
| 2008 | 20.6 | 146.89% |
| 2007 | 8.34 | -39.22% |
| 2006 | 13.7 | -2.01% |
| 2005 | 14.0 | -22.08% |
| 2004 | 18.0 | 13.66% |
| 2003 | 15.8 | 70.16% |
| 2002 | 9.29 | -86.23% |
| 2001 | 67.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 29.6 | 59.05% | 🇺🇸 USA |
 Rogers Communication RCI | 21.9 | 17.69% | 🇨🇦 Canada |
 Telus TU | 26.3 | 41.37% | 🇨🇦 Canada |
 Shaw Communications
SJR | 25.4 | 36.65% | 🇨🇦 Canada |
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.