P/E ratio for BTS Group (BTS.BK)
P/E ratio as of April 2024 (TTM): 175
According to BTS Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 174.63. At the end of 2022 the company had a P/E ratio of 38.7.
P/E ratio history for BTS Group from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.7 | 47.84% |
| 2021 | 26.2 | 39.56% |
| 2020 | 18.8 | -40.16% |
| 2019 | 31.4 | 31.69% |
| 2018 | 23.8 | -42.33% |
| 2017 | 41.3 | -34.75% |
| 2016 | 63.3 | 180.71% |
| 2015 | 22.5 | -48.91% |
| 2014 | 44.1 | 473.94% |
| 2013 | 7.69 | -78.87% |
| 2012 | 36.4 | 49.31% |
| 2011 | 24.4 | -55.87% |
| 2010 | 55.2 |
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.