Broadstone Net Lease
BNL
#3458
Rank
A$5.12 B
Marketcap
$25.99
Share price
0.19%
Change (1 day)
1.44%
Change (1 year)

P/E ratio for Broadstone Net Lease (BNL)

P/E ratio as of December 2024 (TTM): 16.2

According to Broadstone Net Lease's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.16. At the end of 2022 the company had a P/E ratio of 22.5.

P/E ratio history for Broadstone Net Lease from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.5-40.13%
202137.6-28.05%
202052.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.89-111.69%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5 27.04%๐Ÿ‡บ๐Ÿ‡ธ USA
37.0 129.20%๐Ÿ‡บ๐Ÿ‡ธ USA

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.