P/E ratio for Boralex (BLX.TO)
P/E ratio as of April 2024 (TTM): 88.1
According to Boralex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 88.1181. At the end of 2022 the company had a P/E ratio of 138.
P/E ratio history for Boralex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 138 | -40.31% |
| 2021 | 231 | 169.18% |
| 2020 | 85.9 | -247.48% |
| 2019 | -58.2 | 27.96% |
| 2018 | -45.5 | -156.17% |
| 2017 | 81.0 | -108.46% |
| 2016 | -958 | 1290.56% |
| 2015 | -68.9 | 66.11% |
| 2014 | -41.5 | -65.52% |
| 2013 | -120 | 83.55% |
| 2012 | -65.5 | -173.49% |
| 2011 | 89.1 | 922.03% |
| 2010 | 8.72 | -41.56% |
| 2009 | 14.9 | 8.71% |
| 2008 | 13.7 | -46.68% |
| 2007 | 25.7 | 23.78% |
| 2006 | 20.8 | 73.54% |
| 2005 | 12.0 | |
| 2003 | -22.9 | -1138.24% |
| 2002 | 2.21 | -95.7% |
| 2001 | 51.4 |
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.