Gamma Communications
GAMA.L
#5717
Rank
C$1.57 B
Marketcap
C$17.04
Share price
0.65%
Change (1 day)
-38.13%
Change (1 year)

P/E ratio for Gamma Communications (GAMA.L)

P/E ratio at the end of 2024: 22.7

According to Gamma Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1371.37. At the end of 2024 the company had a P/E ratio of 22.7.

P/E ratio history for Gamma Communications from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202422.75.06%
202321.6-8.51%
202223.6-20.62%
202129.822.98%
202024.2-36%
201937.841.84%
201826.71.04%
201726.40.38%
201626.337.03%
201519.2-2.98%
201419.8

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.