P/E ratio for Banco de Brasília (BSLI3.SA)
P/E ratio as of March 2023 (TTM): 10.7
According to Banco de Brasília's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7038. At the end of 2021 the company had a P/E ratio of 16.6.
P/E ratio history for Banco de Brasília from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.6 | -85.39% |
| 2020 | 113 | 2415.26% |
| 2019 | 4.51 | -9.56% |
| 2018 | 4.98 | 13.28% |
| 2017 | 4.40 | -2.79% |
| 2016 | 4.53 | -58.01% |
| 2015 | 10.8 | 52.36% |
| 2014 | 7.07 | 31.12% |
| 2013 | 5.39 | 100079.83% |
| 2012 | 0.0054 | -99.95% |
| 2011 | 10.2 | 173.72% |
| 2010 | 3.73 | -4.82% |
| 2009 | 3.92 | 1365.6% |
| 2008 | 0.2673 | -8.88% |
| 2007 | 0.2934 | -10.92% |
| 2006 | 0.3293 | -73.35% |
| 2005 | 1.24 |
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.