P/E ratio for Brazil Minerals (BMIX)
P/E ratio as of April 2024 (TTM): -10.7
According to Brazil Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.661. At the end of 2021 the company had a P/E ratio of -7.39.
P/E ratio history for Brazil Minerals from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -7.39 | 502.9% |
| 2020 | -1.22 | 77.69% |
| 2019 | -0.6894 | 589.36% |
| 2018 | -0.1000 | -50% |
| 2017 | -0.2000 | -68% |
| 2016 | -0.6250 | 4659.79% |
| 2015 | -0.0131 | -92.21% |
| 2014 | -0.1685 | -92.57% |
| 2013 | -2.27 |
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.