P/E ratio for Banca Mediolanum (BMED.MI)
P/E ratio as of May 2024 (TTM): 11.8
According to Banca Mediolanum 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8329. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for Banca Mediolanum from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | 22.87% |
| 2021 | 8.97 | -25.18% |
| 2020 | 12.0 | 4.42% |
| 2019 | 11.5 | -20.55% |
| 2018 | 14.5 | 3.68% |
| 2017 | 13.9 | 8.93% |
| 2016 | 12.8 | 3.75% |
| 2015 | 12.3 | 54.32% |
| 2014 | 7.99 | -7.37% |
| 2013 | 8.63 | 4.16% |
| 2012 | 8.28 | -74.66% |
| 2011 | 32.7 | 256.3% |
| 2010 | 9.18 | -37.49% |
| 2009 | 14.7 |
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.