According to Bradespar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.3388. At the end of 2022 the company had a P/E ratio of 2.87.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.87 | 161.23% |
2021 | 1.10 | -84.21% |
2020 | 6.96 | -142.37% |
2019 | -16.4 | -465.53% |
2018 | 4.49 | 124.83% |
2017 | 2.00 | -46.84% |
2016 | 3.76 | -1266.2% |
2015 | -0.3222 | -101.15% |
2014 | 28.0 | -73.81% |
2013 | 107 | 768.25% |
2012 | 12.3 | 355.71% |
2011 | 2.70 | -34.95% |
2010 | 4.16 | -35.24% |
2009 | 6.42 |
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.