According to The Bidvest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9906. At the end of 2022 the company had a P/E ratio of 12.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.3 | -2.45% |
2021 | 12.6 | -113.02% |
2020 | -97.0 | -859.58% |
2019 | 12.8 | 1.63% |
2018 | 12.6 | 68.09% |
2017 | 7.47 | 1662.62% |
2016 | 0.4240 | -85.69% |
2015 | 2.96 | 1.44% |
2014 | 2.92 | 28.72% |
2013 | 2.27 | 52.88% |
2012 | 1.48 | 12.06% |
2011 | 1.32 | 2.58% |
2010 | 1.29 | 12.48% |
2009 | 1.15 | 17.04% |
2008 | 0.9811 | -40.2% |
2007 | 1.64 | 30.44% |
2006 | 1.26 | 17.84% |
2005 | 1.07 | 17.98% |
2004 | 0.9046 |
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.