Bisalloy Steel Group
BIS.AX
#9062
Rank
$0.14 B
Marketcap
$3.05
Share price
0.00%
Change (1 day)
33.15%
Change (1 year)

P/E ratio for Bisalloy Steel Group (BIS.AX)

P/E ratio at the end of 2024: 12.6

According to Bisalloy Steel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.806. At the end of 2024 the company had a P/E ratio of 12.6.

P/E ratio history for Bisalloy Steel Group from 2003 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202412.6108.43%
20236.0433.28%
20224.53-3.08%
20214.67-6.18%
20204.98-44.23%
20198.9325.26%
20187.13-5.77%
20177.5710.76%
20166.8328.86%
20155.30-259.17%
2014-3.33-169.24%
20134.8123.46%
20123.90-7.38%
20114.21-99.53%
2010903-37962.93%
2009-2.38503.91%
2008-0.3948-98.66%
2007-29.5263.82%
2006-8.10-313.27%
20053.807.95%
20043.52-11.36%
20033.97

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.