Gazprom
GAZP.ME
#494
Rank
$39.46 B
Marketcap
$1.68
Share price
0.60%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Gazprom (GAZP.ME)

P/E ratio as of February 2024 (TTM): 1.18

According to Gazprom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.18438. At the end of 2021 the company had a P/E ratio of 3.89.

P/E ratio history for Gazprom from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20213.89-89.64%
202037.5684.67%
20194.78105.93%
20182.32-42.49%
20174.049.75%
20163.68-7.3%
20153.97-78.89%
201418.8572.64%
20132.803.79%
20122.69

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.