Getlink
GET.PA
#1710
Rank
C$13.16 B
Marketcap
$24.31
Share price
-0.46%
Change (1 day)
8.72%
Change (1 year)

P/E ratio for Getlink (GET.PA)

P/E ratio at the end of 2021: -33.0

According to Getlink's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -36.8076. At the end of 2021 the company had a P/E ratio of -33.0.

P/E ratio history for Getlink from 2007 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-33.0-46.66%
2020-61.8-220.1%
201951.46.96%
201848.12.06%
201747.183.33%
201625.7-57.36%
201560.3-31.38%
201487.8173.29%
201332.1-61.5%
201283.5-62.88%
2011225-590.03%
2010-45.9-109.1%
20095045444.69%
20089.0911543.33%
20070.0781

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.