P/E ratio for GAMCO Investors (GAMI)
P/E ratio as of May 2024 (TTM): 9.58
According to GAMCO Investors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.58333. At the end of 2021 the company had a P/E ratio of 8.99.
P/E ratio history for GAMCO Investors from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.99 | 11.94% |
| 2020 | 8.03 | 23.15% |
| 2019 | 6.52 | 57.46% |
| 2018 | 4.14 | |
| 2016 | 7.70 | -18.35% |
| 2015 | 9.43 | -14.89% |
| 2014 | 11.1 | |
| 2012 | 9.96 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 T. Rowe Price
TROW | 15.8 | 64.76% | 🇺🇸 USA |
 Pzena Investment Management PZN | 12.9 | 34.26% | 🇺🇸 USA |
 KKR & Co. KKR | 67.9 | 608.76% | 🇺🇸 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.