Brambles
BXB.AX
#1073
Rank
C$30.28 B
Marketcap
C$22.46
Share price
1.33%
Change (1 day)
23.46%
Change (1 year)

P/E ratio for Brambles (BXB.AX)

P/E ratio at the end of 2024: 17.5

According to Brambles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.5242. At the end of 2024 the company had a P/E ratio of 17.5.

P/E ratio history for Brambles from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.5-7.7%
202319.012.46%
202216.9-16.19%
202120.1-12.94%
202023.1176.87%
20198.35-24.84%
201811.1-77.49%
201749.4174.71%
201618.018.18%
201515.2154.78%
20145.97-41.72%
201310.244.48%
20127.09-21.89%
20119.0724.6%
20107.283.26%
20097.052.82%
20086.8630.55%
20075.2519.77%
20064.39-62.75%
200511.8-26.07%
200415.938.93%
200311.5-28.85%
200216.1-61.31%
200141.6

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.