P/E ratio for Banque nationale de Belgique (BNB.BR)
P/E ratio at the end of 2021: 1.92
According to Banque nationale de Belgique's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.430257. At the end of 2021 the company had a P/E ratio of 1.92.
P/E ratio history for Banque nationale de Belgique from 2006 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 1.92 | 91.54% |
| 2020 | 1.00 | -17.55% |
| 2019 | 1.21 | -8.5% |
| 2018 | 1.33 | -24.6% |
| 2017 | 1.76 | -15.66% |
| 2016 | 2.09 | -18.62% |
| 2015 | 2.56 | 35.45% |
| 2014 | 1.89 | 79.4% |
| 2013 | 1.05 | 62.87% |
| 2012 | 0.6476 | -28.41% |
| 2011 | 0.9046 | -38.38% |
| 2010 | 1.47 | 152.97% |
| 2009 | 0.5804 | -68.36% |
| 2008 | 1.83 | -48.51% |
| 2007 | 3.56 | -31.86% |
| 2006 | 5.23 |
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.