P/E ratio for GameStop (GME)
P/E ratio as of December 2023 (TTM): -45.0
According to GameStop 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44.9697. At the end of 2022 the company had a P/E ratio of -11.0.
P/E ratio history for GameStop from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.0 | -85% |
| 2021 | -73.5 | 1557.15% |
| 2020 | -4.43 | 406% |
| 2019 | -0.8761 | -59.88% |
| 2018 | -2.18 | -141.72% |
| 2017 | 5.23 | -21.9% |
| 2016 | 6.70 | -11.59% |
| 2015 | 7.58 | -27.8% |
| 2014 | 10.5 | -29.47% |
| 2013 | 14.9 | -285.06% |
| 2012 | -8.04 | -191.31% |
| 2011 | 8.81 | -6.47% |
| 2010 | 9.42 | 3% |
| 2009 | 9.14 | -6.73% |
| 2008 | 9.80 | -76.49% |
| 2007 | 41.7 | 37.66% |
| 2006 | 30.3 | -9.6% |
| 2005 | 33.5 | 78.26% |
| 2004 | 18.8 | 20.71% |
| 2003 | 15.6 | 41.36% |
| 2002 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Best Buy BBY | 12.9 | -128.64% | 🇺🇸 USA |
 AMC Entertainment AMC | -1.20 | -97.33% | 🇺🇸 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.