P/E ratio for Bradespar (BRAP3.SA)
P/E ratio as of May 2024 (TTM): 3.03
According to Bradespar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.02507. At the end of 2022 the company had a P/E ratio of 2.87.
P/E ratio history for Bradespar from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.87 | 161.23% |
| 2021 | 1.10 | -92.03% |
| 2020 | 13.8 | -142.37% |
| 2019 | -32.5 | -465.53% |
| 2018 | 8.89 | 124.83% |
| 2017 | 3.96 | -46.84% |
| 2016 | 7.44 | -1266.2% |
| 2015 | -0.6381 | -101.15% |
| 2014 | 55.5 | -73.81% |
| 2013 | 212 | 768.25% |
| 2012 | 24.4 | 355.71% |
| 2011 | 5.36 | -34.95% |
| 2010 | 8.23 | -35.24% |
| 2009 | 12.7 |
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.