Bradespar
BRAP3.SA
#5262
Rank
C$1.64 B
Marketcap
$4.01
Share price
0.06%
Change (1 day)
-35.93%
Change (1 year)

P/E ratio for Bradespar (BRAP3.SA)

P/E ratio as of November 2024 (TTM): 2.28

According to Bradespar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.28308. At the end of 2022 the company had a P/E ratio of 2.87.

P/E ratio history for Bradespar from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.87161.23%
20211.10-84.21%
20206.96-142.37%
2019-16.4-465.53%
20184.49124.83%
20172.00-46.84%
20163.76-1266.2%
2015-0.3222-101.15%
201428.0-73.81%
2013107768.25%
201212.3355.71%
20112.70-34.95%
20104.16-35.24%
20096.42

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.