Bitcoin Group
ADE.DE
#9195
Rank
โ‚น14.18 B
Marketcap
โ‚น2,836
Share price
-1.94%
Change (1 day)
-29.98%
Change (1 year)

P/E ratio for Bitcoin Group (ADE.DE)

P/E ratio at the end of 2024: 157

According to Bitcoin Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 79.9776. At the end of 2024 the company had a P/E ratio of 157.

P/E ratio history for Bitcoin Group from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415773.04%
202390.4-330.56%
2022-39.2-356.65%
202115.3-56.13%
202034.8-41%
201959.1-11.76%
201866.967.4%
201740.0

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.