BCE
BCE
#820
Rank
$24.79 B
Marketcap
$26.90
Share price
0.45%
Change (1 day)
-33.76%
Change (1 year)

P/E ratio for BCE (BCE)

P/E ratio as of December 2024 (TTM): 14.9

According to BCE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8873. At the end of 2022 the company had a P/E ratio of 19.3.

P/E ratio history for BCE from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.3-12.31%
202122.05.95%
202020.714.38%
201918.18.61%
201816.7-15.41%
201719.715.95%
201617.00.89%
201516.9-1.1%
201417.1-3.45%
201317.732.62%
201213.3-7.81%
201114.58.45%
201013.3-9.31%
200914.7-28.63%
200820.6146.89%
20078.34-39.22%
200613.7-2.01%
200514.0-22.08%
200418.013.66%
200315.870.16%
20029.29-86.23%
200167.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.7 72.42%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.4 70.90%๐Ÿ‡จ๐Ÿ‡ฆ Canada
19.3 29.70%๐Ÿ‡จ๐Ÿ‡ฆ Canada
40.5 171.96%๐Ÿ‡บ๐Ÿ‡ธ 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.