Brambles
BXB.AX
#1255
Rank
$12.63 B
Marketcap
$9.09
Share price
-0.59%
Change (1 day)
16.84%
Change (1 year)

P/E ratio for Brambles (BXB.AX)

P/E ratio at the end of 2021: 22.1

According to Brambles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4622. At the end of 2021 the company had a P/E ratio of 22.1.

P/E ratio history for Brambles from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202122.1-41.64%
202037.9175.89%
201913.7-22.81%
201817.8-77.34%
201778.5159.72%
201630.218.33%
201525.5204.44%
20148.39-45.21%
201315.356.1%
20129.81-21.85%
201112.6-6.01%
201013.4-4.59%
200914.014.55%
200812.213.38%
200710.82.27%
200610.5-65.97%
200531.0-28.12%
200443.132.89%
200332.4-31.67%
200247.5-63.26%
2001129

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.