P/E ratio for BCE (BCE)
P/E ratio as of September 2023 (TTM): 21.4
According to BCE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3839. At the end of 2021 the company had a P/E ratio of 22.0.
P/E ratio history for BCE from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.0 | 5.95% |
| 2020 | 20.7 | 14.38% |
| 2019 | 18.1 | 8.61% |
| 2018 | 16.7 | -15.49% |
| 2017 | 19.8 | |
| 2015 | 16.9 | -1.1% |
| 2014 | 17.1 | -3.45% |
| 2013 | 17.7 | 39.62% |
| 2012 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 29.2 | 36.69% | 🇺🇸 USA |
 Rogers Communication RCI | 22.5 | 5.27% | 🇨🇦 Canada |
 Telus TU | 27.7 | 29.57% | 🇨🇦 Canada |
 Shaw Communications
SJR | 25.4 | 18.98% | 🇨🇦 Canada |
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.