According to B3's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8942. At the end of 2022 the company had a P/E ratio of 17.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.8 | 23.79% |
2021 | 14.4 | -52.83% |
2020 | 30.5 | -5.81% |
2019 | 32.4 | 19.17% |
2018 | 27.2 | -22.74% |
2017 | 35.2 | 72.52% |
2016 | 20.4 | 130.41% |
2015 | 8.85 | -52.17% |
2014 | 18.5 | -5.87% |
2013 | 19.7 | -22.5% |
2012 | 25.4 | 38.76% |
2011 | 18.3 | -73.57% |
2010 | 69.1 | -18.45% |
2009 | 84.8 |
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.