P/E ratio for Green Dot (GDOT)
P/E ratio as of June 2024 (TTM): 11.0
According to Green Dot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.989. At the end of 2022 the company had a P/E ratio of 13.4.
P/E ratio history for Green Dot from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.4 | -67.81% |
| 2021 | 41.7 | -67.15% |
| 2020 | 127 | 928.7% |
| 2019 | 12.3 | -64.5% |
| 2018 | 34.7 | -1.46% |
| 2017 | 35.2 | 21.21% |
| 2016 | 29.1 | 28.08% |
| 2015 | 22.7 | 4.13% |
| 2014 | 21.8 | -32.4% |
| 2013 | 32.2 | 219.79% |
| 2012 | 10.1 | -59.63% |
| 2011 | 25.0 | -77.08% |
| 2010 | 109 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 32.7 | 197.45% | 🇺🇸 USA |
 Walmart WMT | 12.4 | 13.12% | 🇺🇸 USA |
 Mastercard MA | 38.4 | 249.23% | 🇺🇸 USA |
 eBay EBAY | 21.4 | 94.97% | 🇺🇸 USA |
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.