P/E ratio for Fastighets AB Balder (BALD-B.ST)
P/E ratio as of May 2024 (TTM): -75.2
According to Fastighets AB Balder's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -75.2218. At the end of 2022 the company had a P/E ratio of 5.35.
P/E ratio history for Fastighets AB Balder from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.35 | -18.56% |
| 2021 | 6.57 | -43.66% |
| 2020 | 11.7 | 33.9% |
| 2019 | 8.70 | 76.54% |
| 2018 | 4.93 | -13.01% |
| 2017 | 5.67 | -5.82% |
| 2016 | 6.02 | -16.26% |
| 2015 | 7.19 | 17.79% |
| 2014 | 6.10 | -6.54% |
| 2013 | 6.53 | 13.44% |
| 2012 | 5.75 | 13.24% |
| 2011 | 5.08 | 54.65% |
| 2010 | 3.29 | -30.31% |
| 2009 | 4.72 | -374.05% |
| 2008 | -1.72 |
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.