Top Glove
BVA.SI
#3974
Rank
$1.63 B
Marketcap
$0.20
Share price
-5.08%
Change (1 day)
-67.21%
Change (1 year)

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

P/E ratio as of November 2022 (TTM): 2.85

According to Top Glove's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.85341. At the end of 2021 the company had a P/E ratio of 3.86.

P/E ratio history for Top Glove from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.86-89.9%
202038.219.54%
201932.02.4%
201831.253.99%
201720.337.72%
201614.7

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.