P/E ratio for Brembo (BRE.MI)
P/E ratio as of May 2024 (TTM): 12.6
According to Brembo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6199. 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 |
|---|---|---|
| 2022 | 11.6 | -37.91% |
| 2021 | 18.7 | -27.2% |
| 2020 | 25.7 | 64.73% |
| 2019 | 15.6 | 26.91% |
| 2018 | 12.3 | -21.53% |
| 2017 | 15.7 | 0.76% |
| 2016 | 15.5 | -1.67% |
| 2015 | 15.8 | 12.85% |
| 2014 | 14.0 | -2.83% |
| 2013 | 14.4 | 74.6% |
| 2012 | 8.25 | -17.79% |
| 2011 | 10.0 | -35.08% |
| 2010 | 15.5 | -55.6% |
| 2009 | 34.8 |
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.