BYD
002594.SZ
#167
Rank
$95.22 B
Marketcap
$34.88
Share price
0.02%
Change (1 day)
-4.97%
Change (1 year)

P/E ratio for BYD (002594.SZ)

P/E ratio as of June 2024 (TTM): 35.3

According to BYD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.2738. At the end of 2022 the company had a P/E ratio of 45.0.

P/E ratio history for BYD from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202245.0-82.21%
202125395.02%
202013036.04%
201995.385.77%
201851.310.45%
201746.577.7%
201626.1-54.46%
201557.4-72.87%
201421228.41%
2013165-76.91%
20127141777.95%
201138.0

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.