P/E ratio for Branicks Group (DIC.DE)
P/E ratio as of April 2024 (TTM): -41.2
According to Branicks Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.2216. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Branicks Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -8.1% |
| 2021 | 22.0 | 40.98% |
| 2020 | 15.6 | 8.7% |
| 2019 | 14.4 | 6.43% |
| 2018 | 13.5 | 15.51% |
| 2017 | 11.7 | -151.58% |
| 2016 | -22.6 | -171.41% |
| 2015 | 31.7 | -7.7% |
| 2014 | 34.4 | 66.05% |
| 2013 | 20.7 | -30.29% |
| 2012 | 29.7 | 30.21% |
| 2011 | 22.8 | 14.84% |
| 2010 | 19.8 | 18.14% |
| 2009 | 16.8 |
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.