According to Brenntag's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8822. At the end of 2022 the company had a P/E ratio of 10.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 10.4 | -62.09% |
2021 | 27.4 | 30.84% |
2020 | 21.0 | 31.08% |
2019 | 16.0 | 24.2% |
2018 | 12.9 | -42.88% |
2017 | 22.6 | -0.48% |
2016 | 22.7 | 10.77% |
2015 | 20.5 | -3.23% |
2014 | 21.1 | 3.08% |
2013 | 20.5 | 33.65% |
2012 | 15.3 | 15.17% |
2011 | 13.3 | -50.58% |
2010 | 27.0 |
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.