P/E ratio for BB Seguridade Participações (BBSE3.SA)
P/E ratio as of May 2024 (TTM): 9.03
According to BB Seguridade Participações's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.02771. At the end of 2022 the company had a P/E ratio of 10.9.
P/E ratio history for BB Seguridade Participações from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.9 | 3.91% |
| 2021 | 10.5 | -31.39% |
| 2020 | 15.4 | 36.01% |
| 2019 | 11.3 | -29.45% |
| 2018 | 16.0 | 14.57% |
| 2017 | 14.0 | -1.3% |
| 2016 | 14.1 | 21.55% |
| 2015 | 11.6 | -37.01% |
| 2014 | 18.5 | 18.76% |
| 2013 | 15.6 |
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.