P/E ratio for Gala Incorporated (4777.T)
P/E ratio as of April 2024 (TTM): 23.5
According to Gala Incorporated's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4516. At the end of 2022 the company had a P/E ratio of 43.1.
P/E ratio history for Gala Incorporated from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.1 | -374.02% |
| 2021 | -15.7 | 39.71% |
| 2020 | -11.3 | -22.59% |
| 2019 | -14.6 | 9.77% |
| 2018 | -13.3 | -45.66% |
| 2017 | -24.4 | 103.71% |
| 2016 | -12.0 | -39.34% |
| 2015 | -19.7 | -63.31% |
| 2014 | -53.8 | 3683.97% |
| 2013 | -1.42 | 51.57% |
| 2012 | -0.9382 | -89.53% |
| 2011 | -8.96 | -16.5% |
| 2010 | -10.7 | -132.99% |
| 2009 | 32.5 |
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.