P/E ratio for Bassett Furniture (BSET)
P/E ratio as of June 2023 (TTM): 2.18
According to Bassett Furniture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.18056. At the end of 2021 the company had a P/E ratio of 9.16.
P/E ratio history for Bassett Furniture from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.16 | -147.92% |
| 2020 | -19.1 | -77.07% |
| 2019 | -83.4 | -420.45% |
| 2018 | 26.0 | 18.36% |
| 2017 | 22.0 | 6.33% |
| 2016 | 20.7 | 57.49% |
| 2015 | 13.1 | -40.1% |
| 2014 | 21.9 | -32.57% |
| 2013 | 32.5 | 538.74% |
| 2012 | 5.09 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 22.9 | 951.42% | 🇺🇸 USA |
 Ethan Allen
ETD | 5.98 | 174.24% | 🇺🇸 USA |
 Hooker Furniture HOFT | 19.2 | 780.18% | 🇺🇸 USA |
 La-Z-Boy
LZB | 8.35 | 283.03% | 🇺🇸 USA |
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.