P/E ratio for Beach Energy (BPT.AX)
P/E ratio at the end of 2022: 11.8
According to Beach Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.81379. At the end of 2022 the company had a P/E ratio of 11.8.
P/E ratio history for Beach Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.8 | -2.38% |
| 2021 | 12.1 | 27.62% |
| 2020 | 9.50 | -16.23% |
| 2019 | 11.3 | -56.19% |
| 2018 | 25.9 | 600.27% |
| 2017 | 3.70 | -288.41% |
| 2016 | -1.96 | -43.42% |
| 2015 | -3.47 | -115.23% |
| 2014 | 22.8 | 124.91% |
| 2013 | 10.1 | 59.16% |
| 2012 | 6.36 | -168.96% |
| 2011 | -9.23 | -134.51% |
| 2010 | 26.7 | 592.15% |
| 2009 | 3.86 | -80.04% |
| 2008 | 19.4 | 73.65% |
| 2007 | 11.1 | -44.76% |
| 2006 | 20.2 | 34.91% |
| 2005 | 15.0 | 44.67% |
| 2004 | 10.3 | -12.75% |
| 2003 | 11.8 | -56.39% |
| 2002 | 27.2 | 60.03% |
| 2001 | 17.0 |
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.