P/E ratio for The Bidvest Group (BVT.JO)
P/E ratio at the end of 2021: 14.2
According to The Bidvest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7503. At the end of 2021 the company had a P/E ratio of 14.2.
P/E ratio history for The Bidvest Group from 2004 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.2 | -113.02% |
| 2020 | -109 | -859.58% |
| 2019 | 14.3 | 1.63% |
| 2018 | 14.1 | 68.09% |
| 2017 | 8.38 | 1662.62% |
| 2016 | 0.4756 | -85.53% |
| 2015 | 3.29 | 0.31% |
| 2014 | 3.28 | 28.72% |
| 2013 | 2.55 | 52.88% |
| 2012 | 1.67 | 12.06% |
| 2011 | 1.49 | 2.58% |
| 2010 | 1.45 | 12.48% |
| 2009 | 1.29 | 15.88% |
| 2008 | 1.11 | -38.48% |
| 2007 | 1.81 | 28.06% |
| 2006 | 1.41 | 23.43% |
| 2005 | 1.14 | 13.31% |
| 2004 | 1.01 |
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.