BRAIN Biotech
BNN.DE
#9046
Rank
C$0.10 B
Marketcap
$4.64
Share price
-0.31%
Change (1 day)
-15.44%
Change (1 year)
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P/E ratio for BRAIN Biotech (BNN.DE)

P/E ratio as of November 2024 (TTM): -7.84

According to BRAIN Biotech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.84491. At the end of 2023 the company had a P/E ratio of -11.2.

P/E ratio history for BRAIN Biotech from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-11.2-29.38%
2022-15.8-60.5%
2021-40.0192.96%
2020-13.7-36.71%
2019-21.6-46.85%
2018-40.619.51%
2017-34.0189%
2016-11.8

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.