P/E ratio for Bombardier (BBD-B.TO)
P/E ratio as of May 2024 (TTM): 10.5
According to Bombardier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.529. At the end of 2022 the company had a P/E ratio of -20.8.
P/E ratio history for Bombardier from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.8 | -3370.82% |
| 2021 | 0.6351 | -162.42% |
| 2020 | -1.02 | -47.67% |
| 2019 | -1.94 | -111.74% |
| 2018 | 16.6 | -265% |
| 2017 | -10.0 | 193.34% |
| 2016 | -3.42 | 739.33% |
| 2015 | -0.4076 | -91.45% |
| 2014 | -4.77 | -134.13% |
| 2013 | 14.0 | -11.33% |
| 2012 | 15.8 | 102.04% |
| 2011 | 7.80 | -43.99% |
| 2010 | 13.9 | 43.44% |
| 2009 | 9.71 | 37.96% |
| 2008 | 7.04 | -87.48% |
| 2007 | 56.2 | 110.01% |
| 2006 | 26.8 | 11.76% |
| 2005 | 23.9 | -469.34% |
| 2004 | -6.48 | -48.07% |
| 2003 | -12.5 | -195.75% |
| 2002 | 13.0 | -73.05% |
| 2001 | 48.4 |
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.