Basellandschaftliche Kantonalbank
BLKB.SW
#6337
Rank
โ‚น47.42 B
Marketcap
โ‚น84,527
Share price
-0.23%
Change (1 day)
2.51%
Change (1 year)

P/E ratio for Basellandschaftliche Kantonalbank (BLKB.SW)

P/E ratio at the end of 2023: 11.8

According to Basellandschaftliche Kantonalbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7636. At the end of 2023 the company had a P/E ratio of 11.8.

P/E ratio history for Basellandschaftliche Kantonalbank from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202311.8-22.47%
202215.30.83%
202115.2-1.61%
202015.4-7.88%
201916.7-1.82%
201817.00.57%
201716.9-3.7%
201617.62.05%
201517.2-11.85%
201419.5303.33%
20134.85-19.67%
20126.03
20089.65-3.32%
20079.98-11.48%
200611.3

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.