P/E ratio for Gazprom (GAZP.ME)
P/E ratio as of April 2024 (TTM): 1.21
According to Gazprom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.21176. At the end of 2021 the company had a P/E ratio of 3.89.
P/E ratio history for Gazprom from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.89 | -89.64% |
| 2020 | 37.5 | 684.67% |
| 2019 | 4.78 | 105.93% |
| 2018 | 2.32 | -42.49% |
| 2017 | 4.04 | 9.75% |
| 2016 | 3.68 | -7.3% |
| 2015 | 3.97 | -78.89% |
| 2014 | 18.8 | 572.64% |
| 2013 | 2.80 | 3.79% |
| 2012 | 2.69 |
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.