According to Gobarto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.43929. At the end of 2023 the company had a P/E ratio of 7.27.
Year | P/E ratio | Change |
---|---|---|
2023 | 7.27 | 55.03% |
2022 | 4.69 | -230.26% |
2021 | -3.60 | -7.15% |
2020 | -3.88 | -145.72% |
2019 | 8.48 | -173.55% |
2018 | -11.5 | -263.27% |
2017 | 7.06 | 17.88% |
2016 | 5.99 | -41.18% |
2015 | 10.2 | 13.79% |
2014 | 8.95 | -8.26% |
2013 | 9.76 | -275.11% |
2012 | -5.57 | -161.48% |
2011 | 9.06 | -32.45% |
2010 | 13.4 | -2582.1% |
2009 | -0.5405 |
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.