P/E ratio for Black Box (BBOX.NS)
P/E ratio as of May 2024 (TTM): 124
According to Black Box's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 124.153. At the end of 2022 the company had a P/E ratio of 134.
P/E ratio history for Black Box from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 134 | 191.96% |
| 2021 | 45.8 | -107.14% |
| 2020 | -642 | 14800.04% |
| 2019 | -4.31 | -157.37% |
| 2018 | 7.51 | -84.29% |
| 2017 | 47.8 | -220.48% |
| 2016 | -39.7 | -473.45% |
| 2015 | 10.6 | -554.25% |
| 2014 | -2.34 | 235.12% |
| 2013 | -0.6977 |
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.