BlackLine
BL
#3076
Rank
โ‚น344.95 B
Marketcap
โ‚น5,521
Share price
0.92%
Change (1 day)
7.33%
Change (1 year)

P/E ratio for BlackLine (BL)

P/E ratio as of December 2024 (TTM): 403

According to BlackLine's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 402.875. At the end of 2022 the company had a P/E ratio of -135.

P/E ratio history for BlackLine from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-135155.98%
2021-52.6-67.29%
2020-16180.77%
2019-88.910.71%
2018-80.381.15%
2017-44.329.34%
2016-34.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-111.46%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.