BrightSphere Investment Group
BSIG
#5314
Rank
โ‚ฌ1.08 B
Marketcap
29,15ย โ‚ฌ
Share price
1.13%
Change (1 day)
80.03%
Change (1 year)

P/E ratio for BrightSphere Investment Group (BSIG)

P/E ratio as of November 2024 (TTM): 17.8

According to BrightSphere Investment Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.75. At the end of 2022 the company had a P/E ratio of 8.61.

P/E ratio history for BrightSphere Investment Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.61260.92%
20212.39-56.44%
20205.4831.84%
20194.15-50.6%
20188.41-98.49%
20175583943.1%
201613.816.21%
201511.9-68.9%
201438.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.5 9.83% Cayman Islands
6.21-65.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.