Galenica
GALE.SW
#2850
Rank
C$7.96 B
Marketcap
C$159.80
Share price
0.27%
Change (1 day)
36.18%
Change (1 year)

P/E ratio for Galenica (GALE.SW)

P/E ratio at the end of 2024: 17.8

According to Galenica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1875. At the end of 2024 the company had a P/E ratio of 17.8.

P/E ratio history for Galenica from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.876.46%
202310.1-47.68%
202219.316.76%
202116.527.56%
202012.9-32.84%
201919.366.39%
201811.6-27.05%
201715.9

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.