P/E ratio for Blackstone Group (BX)
P/E ratio as of April 2024 (TTM): 51.8
According to Blackstone Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.7908. At the end of 2022 the company had a P/E ratio of 31.3.
P/E ratio history for Blackstone Group from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.3 | 97.16% |
| 2021 | 15.9 | -64.77% |
| 2020 | 45.0 | 142.98% |
| 2019 | 18.5 | 41.67% |
| 2018 | 13.1 | -9.76% |
| 2017 | 14.5 | -14.24% |
| 2016 | 16.9 | -34.71% |
| 2015 | 25.9 | 98.87% |
| 2014 | 13.0 | -17.39% |
| 2013 | 15.8 | -57.57% |
| 2012 | 37.1 | -184.78% |
| 2011 | -43.8 | 227.97% |
| 2010 | -13.3 | 155.02% |
| 2009 | -5.23 | 247.39% |
| 2008 | -1.51 | -142.44% |
| 2007 | 3.55 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evercore EVR | 22.9 | -55.74% | 🇺🇸 USA |
 Lazard LAZ | -34.5 | -166.56% | 🇧🇲 Bermuda |
 KKR & Co. KKR | 67.7 | 30.66% | 🇺🇸 USA |
 Greenhill GHL | 17.4 | -66.34% | 🇺🇸 USA |
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.