P/E ratio for Bloom Energy (BE)
P/E ratio as of May 2024 (TTM): -9.61
According to Bloom Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.61345. At the end of 2022 the company had a P/E ratio of -11.7.
P/E ratio history for Bloom Energy from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.7 | -49.19% |
| 2021 | -23.1 | -3.35% |
| 2020 | -23.9 | 756.86% |
| 2019 | -2.79 | 128.16% |
| 2018 | -1.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Polar Power
POLA | -0.9390 | -90.23% | 🇺🇸 USA |
 Hyliion HYLN | -1.92 | -80.03% | 🇺🇸 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.