P/E ratio for Bloober Team (6BO.SG)
P/E ratio as of March 2023 (TTM): 18.0
According to Bloober Team's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.027. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for Bloober Team from 2017 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | -53.6% |
| 2020 | 26.3 | -10.23% |
| 2019 | 29.3 | 86.98% |
| 2018 | 15.7 | -165.24% |
| 2017 | -24.0 |
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.