P/E ratio for Bank Negara Indonesia (BBNI.JK)
P/E ratio as of May 2024 (TTM): 4.90
According to Bank Negara Indonesia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.89882. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Bank Negara Indonesia from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | -18.76% |
| 2021 | 13.0 | -86.99% |
| 2020 | 99.6 | 807.79% |
| 2019 | 11.0 | -11.79% |
| 2018 | 12.4 | -19.15% |
| 2017 | 15.4 | 47.44% |
| 2016 | 10.4 | -13.95% |
| 2015 | 12.1 | 2.18% |
| 2014 | 11.9 | 29.34% |
| 2013 | 9.18 | 65.11% |
| 2012 | 5.56 | -17.24% |
| 2011 | 6.71 |
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.