Bitcoin Group
ADE.DE
#8539
Rank
$0.19 B
Marketcap
$38.76
Share price
-2.02%
Change (1 day)
-31.65%
Change (1 year)

P/E ratio for Bitcoin Group (ADE.DE)

P/E ratio at the end of 2024: 160

According to Bitcoin Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 103.464. At the end of 2024 the company had a P/E ratio of 160.

P/E ratio history for Bitcoin Group from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416073.04%
202392.5-330.56%
2022-40.1-356.65%
202115.6-56.13%
202035.6-41%
201960.4-11.76%
201868.567.4%
201740.9

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.