P/E ratio for Banca Popolare di Sondrio (BPSO.MI)
P/E ratio as of May 2024 (TTM): 10.2
According to Banca Popolare di Sondrio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.152. At the end of 2022 the company had a P/E ratio of 6.77.
P/E ratio history for Banca Popolare di Sondrio from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.77 | 8.82% |
| 2021 | 6.22 | -33.59% |
| 2020 | 9.37 | 34.56% |
| 2019 | 6.96 | -34.66% |
| 2018 | 10.7 | 23.22% |
| 2017 | 8.65 | -40.05% |
| 2016 | 14.4 | -1.05% |
| 2015 | 14.6 | 42.11% |
| 2014 | 10.3 | -57.9% |
| 2013 | 24.4 | -40.72% |
| 2012 | 41.1 | 58.07% |
| 2011 | 26.0 | 88.08% |
| 2010 | 13.8 |
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.