P/E ratio for Bechtle (BC8.F)
P/E ratio as of April 2024 (TTM): 23.0
According to Bechtle's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.022. At the end of 2022 the company had a P/E ratio of 16.7.
P/E ratio history for Bechtle from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.7 | -51.14% |
| 2021 | 34.1 | -13.29% |
| 2020 | 39.3 | 26.55% |
| 2019 | 31.1 | 48.04% |
| 2018 | 21.0 | -18.3% |
| 2017 | 25.7 | 27.43% |
| 2016 | 20.2 | 0.47% |
| 2015 | 20.1 | 11.04% |
| 2014 | 18.1 | 9.59% |
| 2013 | 16.5 | 43.3% |
| 2012 | 11.5 | 31.97% |
| 2011 | 8.72 | -35.49% |
| 2010 | 13.5 | 18.26% |
| 2009 | 11.4 |
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.