P/E ratio for Boyd Group (BYD.TO)
P/E ratio as of May 2024 (TTM): 50.9
According to Boyd Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.8512. At the end of 2019 the company had a P/E ratio of 82.3.
P/E ratio history for Boyd Group from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 82.3 | 116.6% |
| 2018 | 38.0 | -5.37% |
| 2017 | 40.1 | -41.21% |
| 2016 | 68.3 | -199.76% |
| 2015 | -68.5 | 23.02% |
| 2014 | -55.6 | 40.56% |
| 2013 | -39.6 | -235.63% |
| 2012 | 29.2 | -31.96% |
| 2011 | 42.9 | 616.89% |
| 2010 | 5.98 | -19.98% |
| 2009 | 7.48 | -6.69% |
| 2008 | 8.02 | 10.06% |
| 2007 | 7.28 | -1202.75% |
| 2006 | -0.6604 | -103.18% |
| 2005 | 20.8 | -45.92% |
| 2004 | 38.4 | 10.78% |
| 2003 | 34.7 | 152.5% |
| 2002 | 13.7 |
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.