BlueScope Steel
BSL.AX
#2425
Rank
$5.73 B
Marketcap
$12.99
Share price
-2.20%
Change (1 day)
-6.60%
Change (1 year)

P/E ratio for BlueScope Steel (BSL.AX)

P/E ratio at the end of 2022: 2.67

According to BlueScope Steel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.38254. At the end of 2022 the company had a P/E ratio of 2.67.

P/E ratio history for BlueScope Steel from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20222.67-67.11%
20218.13-85.72%
202057.0834.62%
20196.0910.94%
20185.49-39.92%
20179.144.05%
20168.79-10.85%
20159.86-136.91%
2014-26.719.58%
2013-22.34391.95%
2012-0.4972-60.01%
2011-1.24-105.04%
201024.7-184.52%
2009-29.2-403.82%
20089.6114.79%
20078.38-44.14%
200615.0148.47%
20056.03-30.52%
20048.6930.5%
20036.66-138.11%
2002-17.5

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.