BIDV (Commercial Bank for Investment and Development of Vietnam)
BID.VN
#1613
Rank
A$16.72 B
Marketcap
$2.42
Share price
-16.90%
Change (1 day)
-5.79%
Change (1 year)

P/E ratio for BIDV (Commercial Bank for Investment and Development of Vietnam) (BID.VN)

P/E ratio as of December 2024 (TTM): 9.57

According to BIDV (Commercial Bank for Investment and Development of Vietnam)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.57056. At the end of 2016 the company had a P/E ratio of 7.88.

P/E ratio history for BIDV (Commercial Bank for Investment and Development of Vietnam) from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20167.88-25.04%
201510.5

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.