BrightSpire Capital
BRSP
#5295
Rank
$0.88 B
Marketcap
$6.81
Share price
2.10%
Change (1 day)
16.01%
Change (1 year)

P/E ratio for BrightSpire Capital (BRSP)

P/E ratio as of March 2024 (TTM): 170

According to BrightSpire Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 170.25. At the end of 2022 the company had a P/E ratio of 18.3.

P/E ratio history for BrightSpire Capital from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.3-237.52%
2021-13.3390.35%
2020-2.72-33.1%
2019-4.06-65.27%
2018-11.7

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.