P/E ratio for Broadridge Financial Solutions (BR)
P/E ratio as of April 2024 (TTM): 33.9
According to Broadridge Financial Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.8561. At the end of 2022 the company had a P/E ratio of 29.5.
P/E ratio history for Broadridge Financial Solutions from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.5 | -25.18% |
| 2021 | 39.4 | 16.25% |
| 2020 | 33.9 | 0.41% |
| 2019 | 33.8 | 32.56% |
| 2018 | 25.5 | -10.04% |
| 2017 | 28.3 | 7.16% |
| 2016 | 26.4 | 20.45% |
| 2015 | 21.9 | 2.1% |
| 2014 | 21.5 | 13.05% |
| 2013 | 19.0 | -9.48% |
| 2012 | 21.0 | 27.53% |
| 2011 | 16.5 | -13.69% |
| 2010 | 19.1 | 32.71% |
| 2009 | 14.4 | 56.99% |
| 2008 | 9.15 | -39.6% |
| 2007 | 15.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 23.8 | -29.66% | 🇺🇸 USA |
 Paychex PAYX | 26.6 | -21.46% | 🇺🇸 USA |
 WNS WNS | 14.0 | -58.64% | 🇮🇳 India |
 Sykes Enterprises
SYKE | N/A | N/A | 🇺🇸 USA |
 EXL Service
EXLS | 27.6 | -18.40% | 🇺🇸 USA |
 Thomson Reuters
TRI | 30.3 | -10.42% | 🇨🇦 Canada |
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.