Braskem
BAK
#4657
Rank
HK$12.71 B
Marketcap
HK$31.16
Share price
-0.99%
Change (1 day)
-54.25%
Change (1 year)

P/E ratio for Braskem (BAK)

P/E ratio as of December 2024 (TTM): -2.51

According to Braskem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.51273. At the end of 2022 the company had a P/E ratio of 240.

P/E ratio history for Braskem from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222407571.8%
20213.13-209.16%
2020-2.87-69.84%
2019-9.52-175.44%
201812.645.85%
20178.65-115.42%
2016-56.1-986.18%
20156.33-44.51%
201411.4-78.02%
201351.9-449.58%
2012-14.8-33.49%
2011-22.3-343.58%
20109.16-69.17%
200929.7-2620.68%
2008-1.18-112.34%
20079.55-91.61%
2006114504.58%
200518.8475.23%
20043.273070.52%
20030.1032-2674.09%
2002-0.0040-99.99%
2001-27.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.82-331.71%๐Ÿ‡บ๐Ÿ‡ธ USA
0.6379-125.39%๐Ÿ‡ง๐Ÿ‡ท Brazil
91.2-3,729.85%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-749.99%๐Ÿ‡บ๐Ÿ‡ธ USA

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.