According to Bombardier Recreational Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.86473. At the end of 2022 the company had a P/E ratio of 11.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.2 | 2.22% |
2021 | 11.0 | -67.87% |
2020 | 34.1 | 103.45% |
2019 | 16.8 | 8.54% |
2018 | 15.5 | -9.38% |
2017 | 17.0 | -48.07% |
2016 | 32.8 | 41.66% |
2015 | 23.2 | -54.54% |
2014 | 51.0 | 53.11% |
2013 | 33.3 |
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.