P/E ratio for Gimv NV (GIMB.BR)
P/E ratio at the end of 2023: -18.3
According to Gimv NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.3429. At the end of 2023 the company had a P/E ratio of -18.3.
P/E ratio history for Gimv NV from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -18.3 | -348.91% |
| 2022 | 7.37 | 33.26% |
| 2021 | 5.53 | -177.51% |
| 2020 | -7.13 | -169.65% |
| 2019 | 10.2 | 8.04% |
| 2018 | 9.48 | 0.87% |
| 2017 | 9.40 | 18.94% |
| 2016 | 7.90 | 9.9% |
| 2015 | 7.19 | -83.75% |
| 2014 | 44.2 | 98.57% |
| 2013 | 22.3 | 7.4% |
| 2012 | 20.7 | 229.8% |
| 2011 | 6.29 | -10.18% |
| 2010 | 7.00 | -545.34% |
| 2009 | -1.57 | -137.22% |
| 2008 | 4.23 | 22.28% |
| 2007 | 3.46 | |
| 2005 | 5.11 | 4905.43% |
| 2004 | 0.1021 |
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.