Generation Development Group
GDG.AX
#5057
Rank
C$2.25 B
Marketcap
C$5.64
Share price
2.52%
Change (1 day)
67.69%
Change (1 year)

P/E ratio for Generation Development Group (GDG.AX)

P/E ratio at the end of 2023: 79.4

According to Generation Development Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 262.077. At the end of 2023 the company had a P/E ratio of 79.4.

P/E ratio history for Generation Development Group from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202379.4-54.86%
2022176142.87%
202172.5-204.78%
2020-69.1-524.14%
201916.3-96.3%
20184417.66%
20174091508.14%
201625.4-140.85%
2015-62.346.02%
2014-42.7-1678.5%
20132.70-630.33%
2012-0.5096-129.69%
20111.72-173.09%
2010-2.3577.62%
2009-1.32-100.35%
2008379

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.