P/E ratio for Banque Cantonale de Genève (BCGE.SW)
P/E ratio at the end of 2023: 7.40
According to Banque Cantonale de Genève's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.88988. At the end of 2023 the company had a P/E ratio of 7.40.
P/E ratio history for Banque Cantonale de Genève from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.40 | -13.2% |
| 2022 | 8.52 | -19.54% |
| 2021 | 10.6 | -12.28% |
| 2020 | 12.1 | -31.36% |
| 2019 | 17.6 | -6.1% |
| 2018 | 18.7 | 5.9% |
| 2017 | 17.7 | 3.22% |
| 2016 | 17.1 | 16.74% |
| 2015 | 14.7 | 18.84% |
| 2014 | 12.4 | 1.64% |
| 2013 | 12.2 | -2.54% |
| 2012 | 12.5 | -2.76% |
| 2011 | 12.8 | -18.08% |
| 2010 | 15.7 | 7.98% |
| 2009 | 14.5 | -1.96% |
| 2008 | 14.8 | |
| 2005 | 24.1 | -18.85% |
| 2004 | 29.8 | -77.72% |
| 2003 | 134 |
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.