Iniziative Bresciane SpAMIL:IB +1.56%73 PE Ratio (TTM) is 52.99 as of Jun. 29, 2026, which is 99% above its 10-year median of 26.64. GuruFocus rates MIL:IB with a GF Score™ of 73/100 and a GF Value™ of €13.98 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 279 Utilities - Independent Power Producers companies, Iniziative Bresciane SpA ranks worse than 81.36% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-29), Iniziative Bresciane SpA's share price is
€9.75.
Iniziative Bresciane SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.18. Therefore, Iniziative Bresciane SpA's PE Ratio (TTM) for today is 52.99.
The historical rank and industry rank for Iniziative Bresciane SpA's PE Ratio (TTM) or its related term are showing as below:
MIL:IB'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 13.35 Med: 26.64 Max: 109.3
Current: 52.99
During the past 13 years, the highest PE Ratio (TTM) of Iniziative Bresciane SpA was 109.30. The lowest was 13.35. And the median was 26.64.
During the past 13 years, Iniziative Bresciane SpA's highest 3-Year average EPS without NRI Growth Rate was 63.00% per year. The lowest was -45.30% per year. And the median was 2.85% per year.
Iniziative Bresciane SpA (MIL:IB) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Iniziative Bresciane SpA PE Ratio (TTM) Related Terms
Iniziative Bresciane SpA PE Ratio (TTM) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Iniziative Bresciane SpA PE Ratio (TTM) Competitor Comparison
For the Utilities - Renewable subindustry, Iniziative Bresciane SpA's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Iniziative Bresciane SpA PE Ratio (TTM) vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Iniziative Bresciane SpA's PE Ratio (TTM) falls into.
Iniziative Bresciane SpA PE Ratio (TTM) Calculation
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Iniziative Bresciane SpA's Share Price of today is €9.75.
For company reported semi-annually, Iniziative Bresciane SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.18.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Iniziative Bresciane SpA (MIL:IB) has a PE Ratio (TTM) of 52.99 as of Jun. 29, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Iniziative Bresciane SpA and its competitors. This is 99% above median its historical median of 26.64. Over the past decade, Iniziative Bresciane SpA's PE Ratio (TTM) has ranged from 13.35 to 109.30. According to the industry distribution chart, Iniziative Bresciane SpA ranks #227 out of 279 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.4%.
Is Iniziative Bresciane SpA's PE Ratio (TTM) too high?
Iniziative Bresciane SpA's current PE Ratio (TTM) of 52.99 is 99% above median its 10-year median of 26.64. Over the past 10 years, this metric has ranged from a low of 13.35 to a high of 109.30. The Utilities - Independent Power Producers industry median PE Ratio (TTM) is 17.35. Iniziative Bresciane SpA's value of 52.99 is 205.4% above this industry median. Based on the distribution chart, Iniziative Bresciane SpA ranks #227 out of 279 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Iniziative Bresciane SpA has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Iniziative Bresciane SpA's PE Ratio (TTM) compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Iniziative Bresciane SpA ranks #227 out of 279 companies for PE Ratio (TTM). This places Iniziative Bresciane SpA in the lower half of its industry. The industry median PE Ratio (TTM) is 17.35. Iniziative Bresciane SpA's value of 52.99 is 205.4% above this benchmark. Historically, Iniziative Bresciane SpA's own PE Ratio (TTM) has ranged from 13.35 to 109.30 over the past decade. While the company's 10-year median is 26.64 vs. the industry median of 17.35, Iniziative Bresciane SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Utilities - Independent Power Producers company?
The median PE Ratio (TTM) among Utilities - Independent Power Producers companies is 17.35, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iniziative Bresciane SpA's current PE Ratio (TTM) of 52.99 is 205.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Iniziative Bresciane SpA and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio (TTM) is 17.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iniziative Bresciane SpA's current PE Ratio (TTM) is 52.99, which is 99% above median its own 10-year median of 26.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iniziative Bresciane SpA stock overvalued right now?
Based on GuruFocus' analysis, Iniziative Bresciane SpA (MIL:IB) is currently considered Possible Value Trap. The stock's GF Value™ is €13.98, compared to a current price of €9.75 — trading 30.3% below its estimated fair value. The current PE Ratio (TTM) is 52.99, which is 99% above median its 10-year median of 26.64 and 205.4% above the Utilities - Independent Power Producers industry median of 17.35. Iniziative Bresciane SpA's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Iniziative Bresciane SpA (MIL:IB), the current PE Ratio (TTM) is 52.99 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Iniziative Bresciane SpA (MIL:IB) Overvalued in 2026?
Based on GuruFocus' analysis, Iniziative Bresciane SpA stock appears to be undervalued.
The current stock price of €9.75 is trading 30.3% below its estimated GF Value™ of €13.98.
GuruFocus considers Iniziative Bresciane SpA to be Possible Value Trap.
Key valuation signals for MIL:IB:
PE Ratio (TTM): 52.99 (99% above median its 10-year median of 26.64)
GF Value™: €13.98 vs. price of €9.75 (30.3% below fair value)
Industry Position: 205.4% above the Utilities - Independent Power Producers median (#227 of 279)
No single metric tells the full story. See the MIL:IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.
73GF Score
Get the complete analysis for MIL:IB
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