Top Glove
BVA.SI
#4092
Rank
$1.99 B
Marketcap
$0.25
Share price
0.00%
Change (1 day)
7.75%
Change (1 year)

P/E ratio for Top Glove (BVA.SI)

P/E ratio as of June 2024 (TTM): -17.0

According to Top Glove's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.0426. At the end of 2022 the company had a P/E ratio of -59.9.

P/E ratio history for Top Glove from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-59.9-1876.94%
20213.37-73.35%
202012.6-63.38%
201934.55.2%
201832.810.27%
201729.851.23%
201619.7

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.