P/E ratio for Base Resources Limited (BSE.AX)
P/E ratio at the end of 2023: -38.2
According to Base Resources Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -59.2789. At the end of 2023 the company had a P/E ratio of -38.2.
P/E ratio history for Base Resources Limited from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -38.2 | -1103.89% |
| 2022 | 3.81 | -85.32% |
| 2021 | 25.9 | 450.84% |
| 2020 | 4.71 | -23.68% |
| 2019 | 6.17 | -9.33% |
| 2018 | 6.80 | -35.7% |
| 2017 | 10.6 | -330.08% |
| 2016 | -4.60 | -11.83% |
| 2015 | -5.22 | -45.58% |
| 2014 | -9.58 | -56.78% |
| 2013 | -22.2 | -107.38% |
| 2012 | 301 |
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.