P/E ratio for Brim hf. (BRIM.IC)
P/E ratio as of April 2025 (TTM): 15.8
According to Brim hf.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8002. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for Brim hf. from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | 11.63% |
| 2021 | 13.3 | 48.41% |
| 2020 | 8.97 | -41.59% |
| 2019 | 15.4 | 10.13% |
| 2018 | 13.9 | -34.32% |
| 2017 | 21.2 | 44.91% |
| 2016 | 14.7 | 28.98% |
| 2015 | 11.4 | 8.35% |
| 2014 | 10.5 | 109.8% |
| 2013 | 5.00 |
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.