P/E ratio for Bassett Furniture (BSET)
P/E ratio as of April 2024 (TTM): 20.4
According to Bassett Furniture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4462. At the end of 2022 the company had a P/E ratio of 2.52.
P/E ratio history for Bassett Furniture from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.52 | -72.47% |
| 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 | 228.22% |
| 2011 | 1.55 | -106.65% |
| 2010 | -23.3 | 1241% |
| 2009 | -1.74 | 79.71% |
| 2008 | -0.9682 | -91.4% |
| 2007 | -11.3 | -131.68% |
| 2006 | 35.5 | 59.63% |
| 2005 | 22.3 | -20.71% |
| 2004 | 28.1 | -106.89% |
| 2003 | -407 | -1777.86% |
| 2002 | 24.3 | -139.85% |
| 2001 | -60.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 12.7 | -37.75% | 🇺🇸 USA |
 Ethan Allen
ETD | 8.73 | -57.32% | 🇺🇸 USA |
 Hooker Furniture HOFT | -18.4 | -190.13% | 🇺🇸 USA |
 La-Z-Boy
LZB | 10.2 | -50.22% | 🇺🇸 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.