P/E ratio for BIC (BB.PA)
P/E ratio as of April 2024 (TTM): 15.0
According to BIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0215. At the end of 2022 the company had a P/E ratio of 13.5.
P/E ratio history for BIC from 2010 to 2010
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.5 | 99.22% |
| 2021 | 6.76 | -70.16% |
| 2020 | 22.6 | 43.04% |
| 2019 | 15.8 | -31.95% |
| 2018 | 23.3 | 56.85% |
| 2017 | 14.8 | -38.9% |
| 2016 | 24.3 | 7.49% |
| 2015 | 22.6 | 15.04% |
| 2014 | 19.6 | 14.5% |
| 2013 | 17.1 | 1.57% |
| 2012 | 16.9 | 21.99% |
| 2011 | 13.8 | -9.42% |
| 2010 | 15.3 | -1.79% |
| 2009 | 15.6 | 14.1% |
| 2008 | 13.6 | -2.24% |
| 2007 | 13.9 | -9.32% |
| 2006 | 15.4 | -4.82% |
| 2005 | 16.2 | 9288.85% |
| 2004 | 0.1721 | -99.04% |
| 2003 | 17.8 | 21.31% |
| 2002 | 14.7 |
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.