P/E ratio for Gaming Corps (GCOR.ST)
P/E ratio as of May 2024 (TTM): -2.61
According to Gaming Corps's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.60944. At the end of 2022 the company had a P/E ratio of -4.38.
P/E ratio history for Gaming Corps from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.38 | -17.88% |
| 2021 | -5.33 | -44.93% |
| 2020 | -9.69 | -41.48% |
| 2019 | -16.5 | 3488.48% |
| 2018 | -0.4612 | -33.85% |
| 2017 | -0.6972 | 401.1% |
| 2016 | -0.1391 | -94.87% |
| 2015 | -2.71 |
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.