Bastide Le Confort Mรฉdical
BLC.PA
#8233
Rank
$0.18 B
Marketcap
$25.34
Share price
-0.21%
Change (1 day)
-12.57%
Change (1 year)

P/E ratio for Bastide Le Confort Mรฉdical (BLC.PA)

P/E ratio at the end of 2023: 17.0

According to Bastide Le Confort Mรฉdical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3906. At the end of 2023 the company had a P/E ratio of 17.0.

P/E ratio history for Bastide Le Confort Mรฉdical from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.0-11.24%
202219.2-16.05%
202122.912.1%
202020.4-64.98%
201958.228.72%
201845.20.57%
201745.0143.88%
201618.42.31%
201518.09.25%
201416.526.23%
201313.12.25%
201212.8-19.56%
201115.9-14.59%
201018.6-1.15%
200918.837.7%
200813.7

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.