P/E ratio for Banco do Brasil (BBAS3.SA)
P/E ratio as of June 2023 (TTM): 6.28
According to Banco do Brasil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.28135. At the end of 2021 the company had a P/E ratio of 3.93.
P/E ratio history for Banco do Brasil from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.93 | -46.94% |
| 2020 | 7.41 | -2.59% |
| 2019 | 7.61 | -16.45% |
| 2018 | 9.10 | 28.63% |
| 2017 | 7.08 | -26.4% |
| 2016 | 9.61 | 218.45% |
| 2015 | 3.02 | -38.37% |
| 2014 | 4.90 |
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.