Bure Equity AB
BURE.ST
#3796
Rank
HK$20.69 B
Marketcap
HK$278.26
Share price
1.16%
Change (1 day)
68.40%
Change (1 year)

P/E ratio for Bure Equity AB (BURE.ST)

P/E ratio as of November 2024 (TTM): 6.73

According to Bure Equity AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.73224. At the end of 2023 the company had a P/E ratio of 4.47.

P/E ratio history for Bure Equity AB from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20234.47-325.93%
2022-1.98-138.64%
20215.11-22.72%
20206.6291.35%
20193.46-16.11%
20184.12-49.51%
20178.1733.51%
20166.12269.49%
20151.66-40.83%
20142.80-29.4%
20133.96-129.42%
2012-13.5-47.46%
2011-25.6-616.03%
20104.97-87.86%
200940.91527.7%
20082.52-17.99%
20073.0730.39%
20062.35-7.1%
20052.53-113.1%
2004-19.31331.41%
2003-1.35393.21%
2002-0.2738

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.