Brembo
BRE.MI
#3649
Rank
$2.88 B
Marketcap
$9.01
Share price
-0.35%
Change (1 day)
-22.92%
Change (1 year)

P/E ratio for Brembo (BRE.MI)

P/E ratio as of November 2024 (TTM): 8.90

According to Brembo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.90226. At the end of 2022 the company had a P/E ratio of 11.6.

P/E ratio history for Brembo from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.6-37.91%
202118.7-27.2%
202025.764.9%
201915.626.91%
201812.3-21.53%
201715.60.76%
201615.5-1.67%
201515.812.85%
201414.0-2.83%
201314.474.6%
20128.25-17.79%
201110.0-35.08%
201015.4-55.6%
200934.8

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.