P/E ratio for BMW (BMW.DE)
P/E ratio as of May 2024 (TTM): 5.93
According to BMW's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.92655. At the end of 2022 the company had a P/E ratio of 3.05.
P/E ratio history for BMW from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.05 | -35.24% |
| 2021 | 4.71 | -62.6% |
| 2020 | 12.6 | 28.74% |
| 2019 | 9.79 | 48.96% |
| 2018 | 6.57 | -1.06% |
| 2017 | 6.64 | -21.85% |
| 2016 | 8.50 | -15.54% |
| 2015 | 10.1 | -1% |
| 2014 | 10.2 | -3.61% |
| 2013 | 10.5 | 7.65% |
| 2012 | 9.80 | 41.02% |
| 2011 | 6.95 | -41.8% |
| 2010 | 11.9 | -87.99% |
| 2009 | 99.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 49.3 | 731.54% | 🇺🇸 USA |
 Volkswagen VOW3.DE | 4.21 | -29.04% | 🇩🇪 Germany |
 Mercedes-Benz MBG.DE | 4.82 | -18.73% | 🇩🇪 Germany |
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.