P/E ratio for Bang & Olufsen A/S (BO.CO)
P/E ratio as of May 2024 (TTM): -35.7
According to Bang & Olufsen A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -35.6792. At the end of 2023 the company had a P/E ratio of -7.72.
P/E ratio history for Bang & Olufsen A/S from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -7.72 | -90.75% |
| 2022 | -83.5 | -49.46% |
| 2021 | -165 | 21296.09% |
| 2020 | -0.7721 | -100.74% |
| 2019 | 104 | 45.08% |
| 2018 | 71.7 | -288.83% |
| 2017 | -38.0 | 178.2% |
| 2016 | -13.6 | -130.59% |
| 2015 | 44.6 | -149.18% |
| 2014 | -90.7 | 596.56% |
| 2013 | -13.0 | -142.01% |
| 2012 | 31.0 | -69.86% |
| 2011 | 103 | -285.33% |
| 2010 | -55.5 | 1858.09% |
| 2009 | -2.83 | -109.61% |
| 2008 | 29.5 | 32.31% |
| 2007 | 22.3 | -18.22% |
| 2006 | 27.3 | 52.48% |
| 2005 | 17.9 | 13.01% |
| 2004 | 15.8 | 49.23% |
| 2003 | 10.6 | -50.91% |
| 2002 | 21.6 | -8% |
| 2001 | 23.5 |
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.