Brinova Fastigheter
BRIN-B.ST
#8281
Rank
NZ$0.30 B
Marketcap
$3.16
Share price
1.03%
Change (1 day)
10.38%
Change (1 year)

P/E ratio for Brinova Fastigheter (BRIN-B.ST)

P/E ratio as of December 2024 (TTM): -10.6

According to Brinova Fastigheter's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5533. At the end of 2023 the company had a P/E ratio of -5.53.

P/E ratio history for Brinova Fastigheter from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-5.53-164.29%
20228.60-24.02%
202111.3-20.85%
202014.38.61%
201913.222.13%
201810.826.31%
20178.5433.89%
20166.38

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.