P/E ratio for Beasley Broadcast Group (BBGI)
P/E ratio as of April 2024 (TTM): -0.5303
According to Beasley Broadcast Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.530303. At the end of 2022 the company had a P/E ratio of -0.6301.
P/E ratio history for Beasley Broadcast Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.6301 | -98.34% |
| 2021 | -38.0 | 1557.72% |
| 2020 | -2.29 | -135.61% |
| 2019 | 6.44 | -57.08% |
| 2018 | 15.0 | 251.49% |
| 2017 | 4.27 | 28.37% |
| 2016 | 3.32 | -74.07% |
| 2015 | 12.8 | 339.09% |
| 2014 | 2.92 | -82.94% |
| 2013 | 17.1 | 71.53% |
| 2012 | 9.98 | 39.4% |
| 2011 | 7.16 | -58.17% |
| 2010 | 17.1 | -28.09% |
| 2009 | 23.8 | -1845.33% |
| 2008 | -1.36 | -105.24% |
| 2007 | 26.0 | 14.11% |
| 2006 | 22.8 | -24.1% |
| 2005 | 30.0 | -12.66% |
| 2004 | 34.4 | 10.14% |
| 2003 | 31.2 | -144.36% |
| 2002 | -70.4 | 397.5% |
| 2001 | -14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Salem Media Group
SALM | -0.3248 | -38.74% | 🇺🇸 USA |
 Entravision Communications
EVC | 23.3 | -4,499.99% | 🇺🇸 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.