P/E ratio for Bangkok Expressway and Metro (BEM) (BEM.BK)
P/E ratio as of June 2023 (TTM): 66.3
According to Bangkok Expressway and Metro (BEM)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 66.2993. At the end of 2021 the company had a P/E ratio of 121.
P/E ratio history for Bangkok Expressway and Metro (BEM) from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 121 | 89.07% |
| 2020 | 63.8 | 110.87% |
| 2019 | 30.3 | 6.5% |
| 2018 | 28.4 | -26.16% |
| 2017 | 38.5 | -12.15% |
| 2016 | 43.8 | 241.51% |
| 2015 | 12.8 | -112.83% |
| 2014 | -100.0 | 531.58% |
| 2013 | -15.8 | 78.4% |
| 2012 | -8.87 | 47.92% |
| 2011 | -6.00 | -25% |
| 2010 | -8.00 | 11.39% |
| 2009 | -7.18 | 115.45% |
| 2008 | -3.33 | -61.54% |
| 2007 | -8.67 | 44.44% |
| 2006 | -6.00 |
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.