According to Banco del Bajรญo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.639632. At the end of 2024 the company had a P/E ratio of 4.46.
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 4.46 | -15.98% |
| 2023 | 5.31 | -25.65% |
| 2022 | 7.14 | 15.6% |
| 2021 | 6.18 | 4.54% |
| 2020 | 5.91 | 40.23% |
| 2019 | 4.22 | -22.45% |
| 2018 | 5.44 | -15.75% |
| 2017 | 6.45 |
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.