P/E ratio for Banca Monte dei Paschi di Siena (BMPS.MI)
P/E ratio as of May 2024 (TTM): -0.6591
According to Banca Monte dei Paschi di Siena's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.659053. At the end of 2022 the company had a P/E ratio of -0.2802.
P/E ratio history for Banca Monte dei Paschi di Siena from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.2802 | -102.11% |
| 2021 | 13.3 | -511.02% |
| 2020 | -3.23 | -54.89% |
| 2019 | -7.17 | -124.53% |
| 2018 | 29.2 | -17344.01% |
| 2017 | -0.1695 | -74.11% |
| 2016 | -0.6547 | -101.87% |
| 2015 | 35.0 | -3999.11% |
| 2014 | -0.8972 | -86.88% |
| 2013 | -6.84 | 67.08% |
| 2012 | -4.09 | 35.01% |
| 2011 | -3.03 | -108.26% |
| 2010 | 36.7 |
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.