Bulten AB
BULTEN.ST
#8599
Rank
NZ$0.23 B
Marketcap
$11.37
Share price
0.14%
Change (1 day)
-9.28%
Change (1 year)

P/E ratio for Bulten AB (BULTEN.ST)

P/E ratio as of December 2024 (TTM): 13.2

According to Bulten AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.174. At the end of 2012 the company had a P/E ratio of 15.3.

P/E ratio history for Bulten AB from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
201215.3196.84%
20115.14

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.