Gestamp Automoción
GEST.MC
#4788
Rank
€1.44 B
Marketcap
2,54 €
Share price
-2.31%
Change (1 day)
-25.87%
Change (1 year)

P/E ratio for Gestamp Automoción (GEST.MC)

P/E ratio as of November 2024 (TTM): 3.84

According to Gestamp Automoción's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.83574. At the end of 2022 the company had a P/E ratio of 6.86.

P/E ratio history for Gestamp Automoción from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.86-58.29%
202116.5-209.79%
2020-15.0-229.12%
201911.66.07%
201810.9-23.44%
201714.3

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.