P/E ratio for Bangkok Expressway and Metro (BEM) (BEM.BK)
P/E ratio as of April 2024 (TTM): 37.3
According to Bangkok Expressway and Metro (BEM)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.3127. At the end of 2022 the company had a P/E ratio of 61.3.
P/E ratio history for Bangkok Expressway and Metro (BEM) from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 61.3 | -49.26% |
| 2021 | 121 | 74.53% |
| 2020 | 69.2 | 128.44% |
| 2019 | 30.3 | 3.46% |
| 2018 | 29.3 | -20.19% |
| 2017 | 36.7 | -16.33% |
| 2016 | 43.8 | 241.51% |
| 2015 | 12.8 | -23.5% |
| 2014 | 16.8 | -196.85% |
| 2013 | -17.3 | 95.15% |
| 2012 | -8.88 | 33.13% |
| 2011 | -6.67 | -16.67% |
| 2010 | -8.00 | 21.52% |
| 2009 | -6.58 |
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.