P/E ratio for Banco do Brasil (BBAS3.SA)
P/E ratio as of April 2024 (TTM): 2.37
According to Banco do Brasil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.3694. At the end of 2022 the company had a P/E ratio of 3.33.
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 |
|---|---|---|
| 2022 | 3.33 | -17.9% |
| 2021 | 4.06 | -46.96% |
| 2020 | 7.65 | -2.6% |
| 2019 | 7.85 | -16.55% |
| 2018 | 9.41 | 28.82% |
| 2017 | 7.31 | -26.4% |
| 2016 | 9.93 | 218.99% |
| 2015 | 3.11 | -38.65% |
| 2014 | 5.07 |
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.