B&M European Value Retail
BME.L
#2840
Rank
NZ$8.14 B
Marketcap
$8.08
Share price
2.17%
Change (1 day)
-30.16%
Change (1 year)

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

P/E ratio at the end of 2023: 14.1

According to B&M European Value Retail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1056.61. At the end of 2023 the company had a P/E ratio of 14.1.

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
202314.113.73%
202212.47.58%
202111.5-62.35%
202030.663.4%
201918.7-1.56%
201819.0-10.65%
201721.313.94%
201618.7-71.8%
201566.3

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.