GameStop
GME
#1886
Rank
$7.01 B
Marketcap
$23.02
Share price
2.31%
Change (1 day)
-44.81%
Change (1 year)

P/E ratio for GameStop (GME)

P/E ratio as of March 2023 (TTM): -13.7

According to GameStop 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.7384. At the end of 2021 the company had a P/E ratio of -73.5.

P/E ratio history for GameStop from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-73.51557.15%
2020-4.43406%
2019-0.8761-59.88%
2018-2.18-141.72%
20175.23-21.9%
20166.70-11.59%
20157.58-27.8%
201410.5-29.47%
201314.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.6-184.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.22-76.57%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.