Banco del Bajรญo
BBAJIOO.MX
#3885
Rank
$2.49 B
Marketcap
$2.09
Share price
-1.17%
Change (1 day)
-38.26%
Change (1 year)

P/E ratio for Banco del Bajรญo (BBAJIOO.MX)

P/E ratio as of December 2024 (TTM): 2.36

According to Banco del Bajรญo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.36228. At the end of 2021 the company had a P/E ratio of 9.10.

P/E ratio history for Banco del Bajรญo from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20219.10-3.69%
20209.4441.82%
20196.66-25.96%
20188.99-19.2%
201711.1

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.