Befesa
BFSA.DE
#5737
Rank
S$1.15 B
Marketcap
$28.89
Share price
-0.98%
Change (1 day)
-24.91%
Change (1 year)

P/E ratio for Befesa (BFSA.DE)

P/E ratio as of November 2024 (TTM): 17.4

According to Befesa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3756. At the end of 2022 the company had a P/E ratio of 16.9.

P/E ratio history for Befesa from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.9-31.64%
202124.8-32.9%
202036.9136.15%
201915.612.3%
201813.9-74.01%
201753.6

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.