Believe S.A.
BLV.PA
#4623
Rank
HK$15.92 B
Marketcap
HK$158.10
Share price
0.00%
Change (1 day)
31.71%
Change (1 year)
Categories

P/E ratio for Believe S.A. (BLV.PA)

P/E ratio at the end of 2024: -519

According to Believe S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -650.941. At the end of 2024 the company had a P/E ratio of -519.

P/E ratio history for Believe S.A. from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-519167.76%
2023-194474.45%
2022-33.8-33.56%
2021-50.8

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.