GL Events SA
GLO.PA
#6564
Rank
A$0.82 B
Marketcap
$27.80
Share price
0.35%
Change (1 day)
-1.45%
Change (1 year)

P/E ratio for GL Events SA (GLO.PA)

P/E ratio at the end of 2022: 8.42

According to GL Events SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.20981. At the end of 2022 the company had a P/E ratio of 8.42.

P/E ratio history for GL Events SA from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20228.42-71.03%
202129.1-1034.51%
2020-3.11-125.76%
201912.141.86%
20188.51-35.39%
201713.214.14%
201611.55.21%
201511.013.29%
20149.68-65.48%
201328.1171.36%
201210.3-21.76%
201113.21.94%
201013.053.01%
20098.4751.77%
20085.58-59.78%
200713.9-25.27%
200618.613.13%
200516.4
200314.4-0.41%
200214.5-43.68%
200125.7

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.