According to Biesse's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.96819. At the end of 2023 the company had a P/E ratio of 27.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 27.6 | 139.51% |
2022 | 11.5 | -41.47% |
2021 | 19.7 | -90.59% |
2020 | 209 | 576.27% |
2019 | 30.9 | 158.08% |
2018 | 12.0 | -55.79% |
2017 | 27.1 | 51.59% |
2016 | 17.9 | -13.55% |
2015 | 20.7 | 12.92% |
2014 | 18.3 | -16.75% |
2013 | 22.0 | -313.13% |
2012 | -10.3 | -67.24% |
2011 | -31.5 | 16.23% |
2010 | -27.1 | 406.87% |
2009 | -5.35 | -202.7% |
2008 | 5.21 | -37.81% |
2007 | 8.38 | -35.99% |
2006 | 13.1 | 15.34% |
2005 | 11.3 | 29.97% |
2004 | 8.73 | -688.52% |
2003 | -1.48 | -87.07% |
2002 | -11.5 | -28.27% |
2001 | -16.0 |
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.