P/E ratio for BASSAC (BASS.PA)
P/E ratio at the end of 2022: 7.51
According to BASSAC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.73661. At the end of 2022 the company had a P/E ratio of 7.51.
P/E ratio history for BASSAC from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.51 | 14.01% |
| 2021 | 6.59 | 6.36% |
| 2020 | 6.19 | -24.49% |
| 2019 | 8.20 | 54.34% |
| 2018 | 5.31 | -39.64% |
| 2017 | 8.80 | -35.53% |
| 2016 | 13.7 | 0.62% |
| 2015 | 13.6 | 128.4% |
| 2014 | 5.94 | 38.57% |
| 2013 | 4.29 | 2% |
| 2012 | 4.20 | -0.76% |
| 2011 | 4.24 | -18.5% |
| 2010 | 5.20 | 6.32% |
| 2009 | 4.89 | -1790.97% |
| 2008 | -0.2891 |
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.