Galicia Financial Group
GGAL
#2113
Rank
$7.53 B
Marketcap
$55.03
Share price
0.51%
Change (1 day)
371.96%
Change (1 year)

P/E ratio for Galicia Financial Group (GGAL)

P/E ratio as of November 2024 (TTM): 26.1

According to Galicia Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.139. At the end of 2020 the company had a P/E ratio of 2.87.

P/E ratio history for Galicia Financial Group from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20202.87-15.24%
20193.39-59.94%
20188.45-53.78%
201718.3106.6%
20168.859.46%
20158.0958.22%
20145.1124.78%
20134.1043.76%
20122.852.66%
20112.78-84.89%
201018.456.31%
200911.7106.21%
20085.70-91.15%
200764.4-134%
2006-189-906.92%
200523.5-191.22%
2004-25.7162.39%
2003-9.804519.93%
2002-0.2122-106.43%
20013.30

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.8796-96.64%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
6.47-75.23%๐Ÿ‡ฌ๐Ÿ‡ง UK
8.50-67.48%๐Ÿ‡ต๐Ÿ‡ฆ Panama
10.0-61.67%๐Ÿ‡บ๐Ÿ‡ธ USA
6.68-74.44%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

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.