P/E ratio for Boss Energy (BOE.AX)
P/E ratio at the end of 2022: 16.9
According to Boss Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.5576. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Boss Energy from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | -94.2% |
| 2021 | 291 | -1957.33% |
| 2020 | -15.7 | -71.12% |
| 2019 | -54.2 | 223.61% |
| 2018 | -16.7 | 159.24% |
| 2017 | -6.46 | -35.99% |
| 2016 | -10.1 | 23.14% |
| 2015 | -8.19 | 97.32% |
| 2014 | -4.15 | 3241.54% |
| 2013 | -0.1243 | -83.78% |
| 2012 | -0.7662 | -98.28% |
| 2011 | -44.5 | 3764.3% |
| 2010 | -1.15 | 231.5% |
| 2009 | -0.3473 | -89.88% |
| 2008 | -3.43 |
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.