P/E ratio for Bank Central Asia (BBCA.JK)
P/E ratio as of April 2024 (TTM): 23.6
According to Bank Central Asia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5813. At the end of 2022 the company had a P/E ratio of 25.9.
P/E ratio history for Bank Central Asia from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.9 | -9.5% |
| 2021 | 28.6 | -6.97% |
| 2020 | 30.8 | 6.7% |
| 2019 | 28.8 | 16.36% |
| 2018 | 24.8 | 6.95% |
| 2017 | 23.2 | 24.99% |
| 2016 | 18.5 | 1.9% |
| 2015 | 18.2 | -7.26% |
| 2014 | 19.6 | 18.33% |
| 2013 | 16.6 | -12.54% |
| 2012 | 19.0 | 191.96% |
| 2011 | 6.49 |
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.