The Bidvest Group
BVT.JO
#2867
Rank
$4.34 B
Marketcap
$12.78
Share price
-0.53%
Change (1 day)
-6.65%
Change (1 year)

P/E ratio for The Bidvest Group (BVT.JO)

P/E ratio at the end of 2022: 12.3

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.

P/E ratio history for The Bidvest Group from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202212.3-2.45%
202112.6-113.02%
2020-97.0-859.58%
201912.81.63%
201812.668.09%
20177.471662.62%
20160.4240-85.69%
20152.961.44%
20142.9228.72%
20132.2752.88%
20121.4812.06%
20111.322.58%
20101.2912.48%
20091.1517.04%
20080.9811-40.2%
20071.6430.44%
20061.2617.84%
20051.0717.98%
20040.9046

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.