P/E ratio for Boss Energy (BOE.AX)
P/E ratio at the end of 2023: 85.3
According to Boss Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.4209. At the end of 2023 the company had a P/E ratio of 85.3.
P/E ratio history for Boss Energy from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 85.3 | 411.06% |
| 2022 | 16.7 | -94.23% |
| 2021 | 289 | -1969.42% |
| 2020 | -15.5 | -71.24% |
| 2019 | -53.8 | 223.8% |
| 2018 | -16.6 | 158.83% |
| 2017 | -6.42 | -36.11% |
| 2016 | -10.0 | 23.83% |
| 2015 | -8.11 | 97.03% |
| 2014 | -4.12 | 3237.14% |
| 2013 | -0.1233 | -83.77% |
| 2012 | -0.7601 | -98.27% |
| 2011 | -44.0 | 3781.29% |
| 2010 | -1.13 | 230.42% |
| 2009 | -0.3434 | -89.93% |
| 2008 | -3.41 |
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.