BlueNord ASA
BNOR.OL
#4948
Rank
C$2.04 B
Marketcap
$77.23
Share price
-2.42%
Change (1 day)
24.27%
Change (1 year)

P/E ratio for BlueNord ASA (BNOR.OL)

P/E ratio as of December 2024 (TTM): 12.3

According to BlueNord ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2555. At the end of 2012 the company had a P/E ratio of -5.38.

P/E ratio history for BlueNord ASA from 2010 to 2019

PE ratio at the end of each year

Year P/E ratio Change
2012-5.381282.61%
2011-0.3893

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.