P/E ratio for Globalstar (GSAT)
P/E ratio as of July 2025 (TTM): -35.5
According to Globalstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -35.4529. At the end of 2024 the company had a P/E ratio of -3.22.
P/E ratio history for Globalstar from 2007 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -3.22 | -58.35% |
| 2023 | -7.74 | 1060% |
| 2022 | -0.6669 | -48.26% |
| 2021 | -1.29 | 184.31% |
| 2020 | -0.4533 | -105.58% |
| 2019 | 8.12 | |
| 2017 | -0.9704 | 21.96% |
| 2016 | -0.7957 | -149.73% |
| 2015 | 1.60 | -580% |
| 2014 | -0.3333 | 231.43% |
| 2013 | -0.1006 | 41.13% |
| 2012 | -0.0713 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Orbcomm
ORBC | N/A | N/A | 🇺🇸 USA |
 Iridium Communications IRDM | 22.5 | -163.49% | 🇺🇸 USA |
 EchoStar SATS | -12.3 | -65.17% | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -0.3222 | -99.09% | 🇺🇸 USA |
 Dish Network
DISH | 1.73 | -104.87% | 🇺🇸 USA |
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.