P/E ratio for BillerudKorsnäs (BILL.ST)
P/E ratio as of April 2024 (TTM): 10.8
According to BillerudKorsnäs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.82. At the end of 2022 the company had a P/E ratio of 5.97.
P/E ratio history for BillerudKorsnäs from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.97 | -74.52% |
| 2021 | 23.4 | -52.14% |
| 2020 | 49.0 | 1240.15% |
| 2019 | 3.65 | -84.25% |
| 2018 | 23.2 | 21.7% |
| 2017 | 19.1 | -14.9% |
| 2016 | 22.4 | 16.18% |
| 2015 | 19.3 | -1.31% |
| 2014 | 19.5 | -27.41% |
| 2013 | 26.9 | 93.94% |
| 2012 | 13.9 | 48.98% |
| 2011 | 9.32 | 1.92% |
| 2010 | 9.14 | -65.22% |
| 2009 | 26.3 |
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.