According to Bertrandt's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.87027. At the end of 2022 the company had a P/E ratio of 17.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.6 | -68.2% |
2021 | 55.3 | -157.3% |
2020 | -96.6 | -707.3% |
2019 | 15.9 | 5.06% |
2018 | 15.1 | -34.92% |
2017 | 23.3 | 39.79% |
2016 | 16.6 | -4.27% |
2015 | 17.4 | -4.02% |
2014 | 18.1 | -5.86% |
2013 | 19.2 | 29.97% |
2012 | 14.8 | 28.13% |
2011 | 11.6 | -27.69% |
2010 | 16.0 | 57.55% |
2009 | 10.1 |
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.