According to Bet Shemesh Engines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.6739. At the end of 2023 the company had a P/E ratio of 16.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 16.5 | -88.01% |
2022 | 138 | -164.33% |
2021 | -214 | -277.63% |
2020 | 120 | 81.22% |
2019 | 66.5 | -28.2% |
2018 | 92.6 | 63.17% |
2017 | 56.7 | 20.92% |
2016 | 46.9 | 33.9% |
2015 | 35.0 | -17.85% |
2014 | 42.7 | 50.74% |
2013 | 28.3 | 21.59% |
2012 | 23.3 | -17.36% |
2011 | 28.2 | -37.07% |
2010 | 44.8 | -67.84% |
2009 | 139 | 339% |
2008 | 31.7 | 5.59% |
2007 | 30.0 |
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.