According to Brady Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3383. At the end of 2022 the company had a P/E ratio of 15.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.5 | -27.56% |
2021 | 21.4 | -16.58% |
2020 | 25.6 | 17.32% |
2019 | 21.9 | -7.47% |
2018 | 23.6 | 20.28% |
2017 | 19.6 | -12.66% |
2016 | 22.5 | -83.37% |
2015 | 135 | -648.81% |
2014 | -24.6 | 143.68% |
2013 | -10.1 | -86.68% |
2012 | -75.9 | -628.98% |
2011 | 14.4 | -27.39% |
2010 | 19.8 | -32.17% |
2009 | 29.1 | 202.92% |
2008 | 9.62 | -43.26% |
2007 | 17.0 | -3.6% |
2006 | 17.6 | -9.6% |
2005 | 19.5 | -20.42% |
2004 | 24.4 | -39.42% |
2003 | 40.3 | 47.59% |
2002 | 27.3 | -21.58% |
2001 | 34.9 |
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.