BYD
002594.SZ
#114
Rank
$99.06 B
Marketcap
$38.21
Share price
0.37%
Change (1 day)
-2.00%
Change (1 year)

P/E ratio for BYD (002594.SZ)

P/E ratio as of September 2022 (TTM): 255

According to BYD's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 254.992. At the end of 2021 the company had a P/E ratio of 252.

P/E ratio history for BYD from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125299.17%
202012732.8%
201995.380.21%
201852.913.79%
201746.575.83%
201626.4-55.16%
201558.9-72.13%
201421129.69%
2013163-74.68%
20126441594.74%
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.