P/E ratio for Bystronic AG (BYS.SW)
P/E ratio at the end of 2022: 36.2
According to Bystronic AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 36.2.
P/E ratio history for Bystronic AG from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.2 | -23.46% |
| 2021 | 47.3 | 36.89% |
| 2020 | 34.6 | 82.04% |
| 2019 | 19.0 | 15.52% |
| 2018 | 16.4 | -34.49% |
| 2017 | 25.1 | 1.47% |
| 2016 | 24.7 | 10.93% |
| 2015 | 22.3 | 8.41% |
| 2014 | 20.6 |
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.