P/E ratio for GATX (GATX)
P/E ratio as of April 2024 (TTM): 18.9
According to GATX's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.9081. At the end of 2022 the company had a P/E ratio of 24.2.
P/E ratio history for GATX from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.2 | -6.06% |
| 2021 | 25.7 | 33.81% |
| 2020 | 19.2 | 37.41% |
| 2019 | 14.0 | 10.95% |
| 2018 | 12.6 | 165.29% |
| 2017 | 4.75 | -51.01% |
| 2016 | 9.70 | 8.61% |
| 2015 | 8.93 | -29.18% |
| 2014 | 12.6 | -11.66% |
| 2013 | 14.3 | -3.26% |
| 2012 | 14.8 | -19.26% |
| 2011 | 18.3 | -9.17% |
| 2010 | 20.1 | 21.12% |
| 2009 | 16.6 | 118.4% |
| 2008 | 7.61 | -14.53% |
| 2007 | 8.90 | -54.8% |
| 2006 | 19.7 | -115.83% |
| 2005 | -124 | -1543.64% |
| 2004 | 8.62 | -51.33% |
| 2003 | 17.7 | |
| 2001 | 9.11 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Willis Lease Finance Corporation WLFC | 8.52 | -54.94% | 🇺🇸 USA |
 Textainer Group TGH | 9.06 | -52.10% | 🇧🇲 Bermuda |
 GATX GATX | 18.9 | 0.00% | 🇺🇸 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.