P/E ratio for The Bidvest Group (BVT.JO)
P/E ratio at the end of 2022: 12.4
According to The Bidvest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3111. At the end of 2022 the company had a P/E ratio of 12.4.
P/E ratio history for The Bidvest Group from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.4 | -2.45% |
| 2021 | 12.7 | -113.02% |
| 2020 | -97.8 | -859.58% |
| 2019 | 12.9 | 1.63% |
| 2018 | 12.7 | 68.09% |
| 2017 | 7.54 | 1662.62% |
| 2016 | 0.4277 | -85.69% |
| 2015 | 2.99 | 1.44% |
| 2014 | 2.95 | 28.72% |
| 2013 | 2.29 | 52.88% |
| 2012 | 1.50 | 12.06% |
| 2011 | 1.34 | 2.58% |
| 2010 | 1.30 | 12.48% |
| 2009 | 1.16 | 17.04% |
| 2008 | 0.9895 | -40.2% |
| 2007 | 1.65 | 30.44% |
| 2006 | 1.27 | 17.84% |
| 2005 | 1.08 | 17.98% |
| 2004 | 0.9124 |
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.