P/E ratio for Brouwerij Handelsmaatschappij (COBH.BR)
P/E ratio at the end of 2023: -33.3
According to Brouwerij Handelsmaatschappij's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.5331. At the end of 2023 the company had a P/E ratio of -33.3.
P/E ratio history for Brouwerij Handelsmaatschappij from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -33.3 | -181.74% |
| 2022 | 40.7 | -140.13% |
| 2021 | -101 | 427.04% |
| 2020 | -19.3 | -123.94% |
| 2019 | 80.4 | 56.49% |
| 2018 | 51.4 | 55.49% |
| 2017 | 33.1 | -5.95% |
| 2016 | 35.1 | 15.82% |
| 2015 | 30.3 | 25.65% |
| 2014 | 24.1 | 8.29% |
| 2013 | 22.3 | -10.72% |
| 2012 | 25.0 | 83.87% |
| 2011 | 13.6 | 11.82% |
| 2010 | 12.1 | 13.96% |
| 2009 | 10.7 | -38.1% |
| 2008 | 17.2 |
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.