Brambles
BXB.AX
#1079
Rank
C$28.65 B
Marketcap
C$21.10
Share price
1.17%
Change (1 day)
23.84%
Change (1 year)

P/E ratio for Brambles (BXB.AX)

P/E ratio at the end of 2024: 16.5

According to Brambles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.4494. At the end of 2024 the company had a P/E ratio of 16.5.

P/E ratio history for Brambles from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416.5-7.7%
202317.912.46%
202215.9-16.19%
202119.0-12.94%
202021.8176.87%
20197.89-24.84%
201810.5-77.49%
201746.6174.71%
201617.018.18%
201514.4154.78%
20145.64-41.72%
20139.6744.48%
20126.70-21.89%
20118.5724.6%
20106.883.26%
20096.662.82%
20086.4830.55%
20074.9619.77%
20064.14-62.75%
200511.1-26.07%
200415.038.93%
200310.8-28.85%
200215.2-61.31%
200139.3

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.