P/E ratio for BlueScope Steel (BSL.AX)
P/E ratio at the end of 2022: 4.03
According to BlueScope Steel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.76126. At the end of 2022 the company had a P/E ratio of 4.03.
P/E ratio history for BlueScope Steel from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.03 | -67.11% |
| 2021 | 12.3 | -85.72% |
| 2020 | 85.8 | 834.62% |
| 2019 | 9.18 | 10.94% |
| 2018 | 8.28 | -39.92% |
| 2017 | 13.8 | 4.05% |
| 2016 | 13.2 | -10.85% |
| 2015 | 14.9 | -136.91% |
| 2014 | -40.3 | 19.58% |
| 2013 | -33.7 | 4391.95% |
| 2012 | -0.7493 | -60.01% |
| 2011 | -1.87 | -105.04% |
| 2010 | 37.2 | -184.52% |
| 2009 | -44.0 | -403.82% |
| 2008 | 14.5 | 14.79% |
| 2007 | 12.6 | -44.14% |
| 2006 | 22.6 | 148.47% |
| 2005 | 9.09 | -30.52% |
| 2004 | 13.1 | 30.5% |
| 2003 | 10.0 | -138.11% |
| 2002 | -26.3 |
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.