According to G City's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -368.871. At the end of 2023 the company had a P/E ratio of -1.89.
Year | P/E ratio | Change |
---|---|---|
2023 | -1.89 | 47.47% |
2022 | -1.28 | -126.12% |
2021 | 4.90 | -205.23% |
2020 | -4.66 | -145.59% |
2019 | 10.2 | -149.88% |
2018 | -20.5 | -246.77% |
2017 | 14.0 | 59.12% |
2016 | 8.78 | -18.89% |
2015 | 10.8 | -90.88% |
2014 | 119 | 1366.06% |
2013 | 8.10 | -4.48% |
2012 | 8.48 | -9.72% |
2011 | 9.39 | 25.63% |
2010 | 7.47 | 69.31% |
2009 | 4.41 | -313.85% |
2008 | -2.06 | -138.59% |
2007 | 5.35 | -76.07% |
2006 | 22.4 |
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.