According to Bure Equity AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.38224. At the end of 2023 the company had a P/E ratio of 4.47.
Year | P/E ratio | Change |
---|---|---|
2023 | 4.47 | -325.93% |
2022 | -1.98 | -138.64% |
2021 | 5.11 | -22.72% |
2020 | 6.62 | 91.35% |
2019 | 3.46 | -16.11% |
2018 | 4.12 | -49.51% |
2017 | 8.17 | 33.51% |
2016 | 6.12 | 269.49% |
2015 | 1.66 | -40.83% |
2014 | 2.80 | -29.4% |
2013 | 3.96 | -129.42% |
2012 | -13.5 | -47.46% |
2011 | -25.6 | -616.03% |
2010 | 4.97 | -87.86% |
2009 | 40.9 | 1527.7% |
2008 | 2.52 | -17.99% |
2007 | 3.07 | 30.39% |
2006 | 2.35 | -7.1% |
2005 | 2.53 | -113.1% |
2004 | -19.3 | 1331.41% |
2003 | -1.35 | 393.21% |
2002 | -0.2738 |
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.