Bassett Furniture
BSET
#8424
Rank
NZ$0.22 B
Marketcap
$25.40
Share price
0.00%
Change (1 day)
-5.29%
Change (1 year)

P/E ratio for Bassett Furniture (BSET)

P/E ratio as of November 2024 (TTM): 23.4

According to Bassett Furniture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3846. At the end of 2022 the company had a P/E ratio of 2.52.

P/E ratio history for Bassett Furniture from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.52-72.47%
20219.16-147.92%
2020-19.1-77.07%
2019-83.4-420.45%
201826.018.36%
201722.06.33%
201620.757.49%
201513.1-40.1%
201421.9-32.57%
201332.5538.74%
20125.09228.22%
20111.55-106.65%
2010-23.31241%
2009-1.7479.71%
2008-0.9682-91.4%
2007-11.3-131.68%
200635.559.63%
200522.3-20.71%
200428.1-106.89%
2003-407-1777.86%
200224.3-139.85%
2001-60.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.6-46.01%๐Ÿ‡บ๐Ÿ‡ธ USA
8.04-65.60%๐Ÿ‡บ๐Ÿ‡ธ USA
20.3-13.15%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.5-179.16%๐Ÿ‡บ๐Ÿ‡ธ USA

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.