P/E ratio for Bangkok Bank (BBL.BK)
P/E ratio as of April 2024 (TTM): 6.80
According to Bangkok Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.79894. At the end of 2022 the company had a P/E ratio of 9.64.
P/E ratio history for Bangkok Bank from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.64 | 10.22% |
| 2021 | 8.75 | -33.56% |
| 2020 | 13.2 | 54.38% |
| 2019 | 8.53 | -22.19% |
| 2018 | 11.0 | -6.13% |
| 2017 | 11.7 | 22.03% |
| 2016 | 9.57 | 12.37% |
| 2015 | 8.51 | -16.43% |
| 2014 | 10.2 | 15.46% |
| 2013 | 8.83 | -24.9% |
| 2012 | 11.8 | 9.7% |
| 2011 | 10.7 | -6.51% |
| 2010 | 11.5 | 6.48% |
| 2009 | 10.8 |
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.