P/E ratio for Bouvet (BOUV.OL)
P/E ratio as of May 2024 (TTM): 19.1
According to Bouvet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0728. At the end of 2022 the company had a P/E ratio of 19.1.
P/E ratio history for Bouvet from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.1 | -33.32% |
| 2021 | 28.7 | -14.38% |
| 2020 | 33.5 | 53.93% |
| 2019 | 21.8 | 74.29% |
| 2018 | 12.5 | -34.01% |
| 2017 | 18.9 | 9.25% |
| 2016 | 17.3 | 36.63% |
| 2015 | 12.7 | 5.73% |
| 2014 | 12.0 | -7.72% |
| 2013 | 13.0 | 4.99% |
| 2012 | 12.4 | 14.32% |
| 2011 | 10.8 | -14.35% |
| 2010 | 12.6 | -30.71% |
| 2009 | 18.3 |
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.