According to GL Events SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5538. At the end of 2022 the company had a P/E ratio of 8.82.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.82 | -71.03% |
2021 | 30.4 | -1034.51% |
2020 | -3.26 | -125.76% |
2019 | 12.6 | 41.86% |
2018 | 8.91 | -35.39% |
2017 | 13.8 | 14.14% |
2016 | 12.1 | 5.21% |
2015 | 11.5 | 13.29% |
2014 | 10.1 | -65.48% |
2013 | 29.4 | 171.36% |
2012 | 10.8 | -21.76% |
2011 | 13.8 | 1.94% |
2010 | 13.6 | 53.01% |
2009 | 8.87 | 51.77% |
2008 | 5.85 | -59.78% |
2007 | 14.5 | -25.27% |
2006 | 19.4 | 13.13% |
2005 | 17.2 | |
2003 | 15.1 | -0.41% |
2002 | 15.1 | -43.68% |
2001 | 26.9 |
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.