P/E ratio for Boliden (BOL.ST)
P/E ratio as of May 2024 (TTM): 13.4
According to Boliden's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3777. At the end of 2022 the company had a P/E ratio of 8.62.
P/E ratio history for Boliden from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.62 | -21.65% |
| 2021 | 11.0 | -6.1% |
| 2020 | 11.7 | -0.24% |
| 2019 | 11.7 | 65.34% |
| 2018 | 7.11 | -36.53% |
| 2017 | 11.2 | -27.09% |
| 2016 | 15.4 | 3.7% |
| 2015 | 14.8 | -18.1% |
| 2014 | 18.1 | -13.3% |
| 2013 | 20.9 | 101.96% |
| 2012 | 10.3 | 27.71% |
| 2011 | 8.09 | -14.4% |
| 2010 | 9.45 | -6.25% |
| 2009 | 10.1 | -2.95% |
| 2008 | 10.4 | 74.01% |
| 2007 | 5.97 | -27.1% |
| 2006 | 8.18 | -9.65% |
| 2005 | 9.06 | -364.89% |
| 2004 | -3.42 | -101.22% |
| 2003 | 281 | 2908.78% |
| 2002 | 9.35 | -1391.11% |
| 2001 | -0.7240 |
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.