P/E ratio for Permata Bank (BNLI.JK)
P/E ratio as of April 2024 (TTM): 16.4
According to Permata Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4119. At the end of 2022 the company had a P/E ratio of 18.1.
P/E ratio history for Permata Bank from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.1 | -53.95% |
| 2021 | 39.4 | -70.38% |
| 2020 | 133 | 395.85% |
| 2019 | 26.8 | 19.94% |
| 2018 | 22.3 | 39.79% |
| 2017 | 16.0 | -1041.16% |
| 2016 | -1.70 | -103.3% |
| 2015 | 51.5 | 300.65% |
| 2014 | 12.8 | -98.56% |
| 2013 | 890 | 8805.85% |
| 2012 | 9.99 | -17.8% |
| 2011 | 12.2 |
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.