According to BHG Group AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.71176. At the end of 2023 the company had a P/E ratio of -1.61.
Year | P/E ratio | Change |
---|---|---|
2023 | -1.61 | -102.17% |
2022 | 74.3 | 208.95% |
2021 | 24.0 | -47.96% |
2020 | 46.2 | 29.74% |
2019 | 35.6 | -95.55% |
2018 | 800 |
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.