P/E ratio for Bayan Resources (BYAN.JK)
P/E ratio as of April 2024 (TTM): 19.3
According to Bayan Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3333. At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for Bayan Resources from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.3 | 309.38% |
| 2021 | 4.73 | -57.76% |
| 2020 | 11.2 | -31.45% |
| 2019 | 16.3 | 79.24% |
| 2018 | 9.10 | 16.32% |
| 2017 | 7.83 | -111.49% |
| 2016 | -68.1 | 139.47% |
| 2015 | -28.4 | 112.47% |
| 2014 | -13.4 | -80.76% |
| 2013 | -69.6 | -77.97% |
| 2012 | -316 | -1053.41% |
| 2011 | 33.1 |
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.