P/E ratio for Galiano Gold (GAU)
P/E ratio as of May 2024 (TTM): 7.39
According to Galiano Gold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.3913. At the end of 2022 the company had a P/E ratio of 2.74.
P/E ratio history for Galiano Gold from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.74 | -221.2% |
| 2021 | -2.26 | -151.96% |
| 2020 | 4.35 | -433.97% |
| 2019 | -1.30 | 26.38% |
| 2018 | -1.03 | -104.81% |
| 2017 | 21.4 | -149.02% |
| 2016 | -43.7 | 31.33% |
| 2015 | -33.3 | 217.75% |
| 2014 | -10.5 | -86.21% |
| 2013 | -75.9 | 436.95% |
| 2012 | -14.1 | 117.87% |
| 2011 | -6.49 | -57.66% |
| 2010 | -15.3 | -55.52% |
| 2009 | -34.5 | 734.29% |
| 2008 | -4.13 | -75.9% |
| 2007 | -17.1 |
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.