According to Braemar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1440.36. At the end of 2024 the company had a P/E ratio of 17.2.
Year | P/E ratio | Change |
---|---|---|
2024 | 17.2 | -14.04% |
2023 | 20.0 | 283.6% |
2022 | 5.23 | -59.27% |
2021 | 12.8 | 9.3% |
2020 | 11.7 | -699.62% |
2019 | -1.96 | -91.69% |
2018 | -23.6 | -85.55% |
2017 | -163 | -1066.35% |
2016 | 16.9 | -55.73% |
2015 | 38.1 | 109.7% |
2014 | 18.2 | 80.4% |
2013 | 10.1 | 10.21% |
2012 | 9.14 | 20.6% |
2011 | 7.58 | 1.17% |
2010 | 7.49 | 93.35% |
2009 | 3.87 | -35.6% |
2008 | 6.02 | -26.46% |
2007 | 8.18 | 3.32% |
2006 | 7.92 | -8.38% |
2005 | 8.64 | -37.77% |
2004 | 13.9 | 18.16% |
2003 | 11.8 |
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.