P/E ratio for Bank of Georgia Group (BGEO.L)
P/E ratio as of May 2024 (TTM): 476
According to Bank of Georgia Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 476.308. At the end of 2022 the company had a P/E ratio of 2.72.
P/E ratio history for Bank of Georgia Group from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.72 | -31.64% |
| 2021 | 3.97 | -45.06% |
| 2020 | 7.23 | 32.09% |
| 2019 | 5.48 | 24.32% |
| 2018 | 4.40 | -60.43% |
| 2017 | 11.1 | 16.94% |
| 2016 | 9.52 | -0.34% |
| 2015 | 9.55 | -11.04% |
| 2014 | 10.7 | -40.05% |
| 2013 | 17.9 | 106.99% |
| 2012 | 8.65 |
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.