G-III Apparel Group
GIII
#5262
Rank
$0.56 B
Marketcap
$11.97
Share price
-44.66%
Change (1 day)
-60.68%
Change (1 year)

P/E ratio for G-III Apparel Group (GIII)

P/E ratio as of December 2022 (TTM): 2.60

According to G-III Apparel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.60217. At the end of 2021 the company had a P/E ratio of 8.03.

P/E ratio history for G-III Apparel Group from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.03-75.97%
202033.4196.44%
201911.3-6.98%
201812.1-71.73%
201742.9152.5%
201617.09.2%
201515.6-29.31%
201422.05.93%
201320.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.55 113.26%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9 357.78%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8 546.49%๐Ÿ‡บ๐Ÿ‡ธ USA
9.96 282.63%๐Ÿ‡บ๐Ÿ‡ธ 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.