Becle
CUERVO.MX
#2933
Rank
NZ$7.61 B
Marketcap
$2.12
Share price
2.18%
Change (1 day)
-26.20%
Change (1 year)

P/E ratio for Becle (CUERVO.MX)

P/E ratio as of November 2024 (TTM): 14.5

According to Becle's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5475. At the end of 2022 the company had a P/E ratio of 26.1.

P/E ratio history for Becle from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.1-28.84%
202136.74.31%
202035.23.56%
201934.044.85%
201823.41.23%
201723.2

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.