P/E ratio for GasLog Partners (GLOP)
P/E ratio as of April 2024 (TTM): 2.99
According to GasLog Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.98883. At the end of 2022 the company had a P/E ratio of 3.78.
P/E ratio history for GasLog Partners from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.78 | -137.31% |
| 2021 | -10.1 | -305.09% |
| 2020 | 4.95 | -143.95% |
| 2019 | -11.3 | -201.15% |
| 2018 | 11.1 | -6.07% |
| 2017 | 11.8 | 25.05% |
| 2016 | 9.47 | 59.83% |
| 2015 | 5.93 | -80.05% |
| 2014 | 29.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Golar LNG
GLNG | 24.9 | 734.42% | 🇧🇲 Bermuda |
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.