BHG Group AB
BHG.ST
#7562
Rank
A$0.37 B
Marketcap
$2.12
Share price
2.47%
Change (1 day)
22.92%
Change (1 year)

P/E ratio for BHG Group AB (BHG.ST)

P/E ratio as of October 2024 (TTM): -1.93

According to BHG Group AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.9306. At the end of 2023 the company had a P/E ratio of -1.61.

P/E ratio history for BHG Group AB from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-1.61-102.17%
202274.3208.95%
202124.0-47.96%
202046.229.74%
201935.6-95.55%
2018800

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.