P/E ratio for Gati (GATI.NS)
P/E ratio as of April 2024 (TTM): -114
According to Gati's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -114.38. At the end of 2022 the company had a P/E ratio of -135.
P/E ratio history for Gati from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -135 | 684.82% |
| 2021 | -17.2 | 84.18% |
| 2020 | -9.33 | -89.49% |
| 2019 | -88.7 | -136.74% |
| 2018 | 242 | 589.82% |
| 2017 | 35.0 | 5.21% |
| 2016 | 33.3 | -24.11% |
| 2015 | 43.9 | |
| 2013 | 17.0 | 74.14% |
| 2012 | 9.78 | -32.29% |
| 2011 | 14.4 |
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.