P/E ratio for Carlo Gavazzi Holding (GAV.SW)
P/E ratio at the end of 2024: 12.5
According to Carlo Gavazzi Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.15122. At the end of 2024 the company had a P/E ratio of 12.5.
P/E ratio history for Carlo Gavazzi Holding from 2002 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 12.5 | 54.32% |
| 2023 | 8.11 | -12.26% |
| 2022 | 9.24 | -22% |
| 2021 | 11.8 | -52.16% |
| 2020 | 24.8 | 32.19% |
| 2019 | 18.7 | -35.06% |
| 2018 | 28.8 | 69.01% |
| 2017 | 17.1 | 2.71% |
| 2016 | 16.6 | 24.42% |
| 2015 | 13.4 | -6.49% |
| 2014 | 14.3 | 8.78% |
| 2013 | 13.1 | 48.04% |
| 2012 | 8.87 | 32.1% |
| 2011 | 6.71 | -58.25% |
| 2010 | 16.1 | 33.91% |
| 2009 | 12.0 | 36.47% |
| 2008 | 8.80 | -61.38% |
| 2007 | 22.8 | 31.23% |
| 2006 | 17.4 | 9.24% |
| 2005 | 15.9 | 2.58% |
| 2004 | 15.5 | -236.56% |
| 2003 | -11.3 | 819.79% |
| 2002 | -1.23 |
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.