Bell Financial Group
BFG.AX
#7402
Rank
โ‚น22.42 B
Marketcap
โ‚น69.92
Share price
-0.79%
Change (1 day)
31.41%
Change (1 year)

P/E ratio for Bell Financial Group (BFG.AX)

P/E ratio at the end of 2023: 17.4

According to Bell Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0954. At the end of 2023 the company had a P/E ratio of 17.4.

P/E ratio history for Bell Financial Group from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.444.84%
202212.0-4.46%
202112.615.58%
202010.9-2.99%
201911.221.96%
20189.1911.86%
20178.21-24.08%
201610.823.14%
20158.78-42.33%
201415.2-23.59%
201319.9-173.5%
2012-27.1-306.81%
201113.173.82%
20107.54-1.83%
20097.68-3.04%
20087.93-79.59%
200738.8

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.