B&M European Value Retail
BME.L
#2969
Rank
ยฃ3.46 B
Marketcap
ยฃ3.45
Share price
2.15%
Change (1 day)
-35.44%
Change (1 year)

P/E ratio for B&M European Value Retail (BME.L)

P/E ratio at the end of 2023: 14.3

According to B&M European Value Retail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1005.48. At the end of 2023 the company had a P/E ratio of 14.3.

P/E ratio history for B&M European Value Retail from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202314.313.73%
202212.67.58%
202111.7-62.35%
202031.163.4%
201919.1-1.56%
201819.4-10.65%
201721.713.94%
201619.0-71.8%
201567.4

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.