According to BMMI Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.37874. At the end of 2023 the company had a P/E ratio of 12.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.5 | -15.49% |
2022 | 14.8 | -3.92% |
2021 | 15.4 | -26.21% |
2020 | 20.9 | 138.5% |
2019 | 8.75 | 1.93% |
2018 | 8.59 | 15.58% |
2017 | 7.43 | -3.97% |
2016 | 7.73 | 8.56% |
2015 | 7.12 | 31.46% |
2014 | 5.42 | -6.93% |
2013 | 5.82 | 14.53% |
2012 | 5.08 | 12.76% |
2011 | 4.51 | -3.51% |
2010 | 4.67 | 9.14% |
2009 | 4.28 | -18.58% |
2008 | 5.26 | 24.16% |
2007 | 4.24 | -5.81% |
2006 | 4.50 |
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.