P/E ratio for Bank für Tirol und Vorarlberg (BTS.VI)
P/E ratio as of April 2024 (TTM): 15.9
According to Bank für Tirol und Vorarlberg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8722. At the end of 2022 the company had a P/E ratio of 15.8.
P/E ratio history for Bank für Tirol und Vorarlberg from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.8 | 18.35% |
| 2021 | 13.3 | -30.53% |
| 2020 | 19.2 | 140.57% |
| 2019 | 7.98 | 10.5% |
| 2018 | 7.22 | -21.49% |
| 2017 | 9.20 | -1.39% |
| 2016 | 9.33 | 137.39% |
| 2015 | 3.93 | -41.3% |
| 2014 | 6.69 | -0.95% |
| 2013 | 6.76 | -0.98% |
| 2012 | 6.82 | -5.39% |
| 2011 | 7.21 | -10.8% |
| 2010 | 8.08 | -20.12% |
| 2009 | 10.1 |
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.