P/E ratio for Bezeq (BEZQ.TA)
P/E ratio as of April 2024 (TTM): 11.5
According to Bezeq's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4817. At the end of 2022 the company had a P/E ratio of 16.2.
P/E ratio history for Bezeq from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.2 | 29.36% |
| 2021 | 12.5 | 5.8% |
| 2020 | 11.8 | -278.22% |
| 2019 | -6.63 | -29.5% |
| 2018 | -9.40 | -180.63% |
| 2017 | 11.7 | -27.98% |
| 2016 | 16.2 | 21.36% |
| 2015 | 13.3 | 63.18% |
| 2014 | 8.18 | -13.63% |
| 2013 | 9.47 | 48.08% |
| 2012 | 6.39 |
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.