According to Gentex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3392. At the end of 2022 the company had a P/E ratio of 20.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.1 | -13.12% |
2021 | 23.1 | -3.41% |
2020 | 23.9 | 36.04% |
2019 | 17.6 | 41.66% |
2018 | 12.4 | -15.37% |
2017 | 14.7 | -9.97% |
2016 | 16.3 | 9.77% |
2015 | 14.8 | -18.76% |
2014 | 18.2 | -14.24% |
2013 | 21.3 | 32.07% |
2012 | 16.1 | -36.84% |
2011 | 25.5 | -15.43% |
2010 | 30.2 | -20.58% |
2009 | 38.0 | 89.25% |
2008 | 20.1 | -2.88% |
2007 | 20.7 | -1.73% |
2006 | 21.0 | -23.44% |
2005 | 27.5 | 9.06% |
2004 | 25.2 | -20.73% |
2003 | 31.8 | 13.46% |
2002 | 28.0 | -8.87% |
2001 | 30.7 |
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.