P/E ratio for Gazprom (GAZP.ME)
P/E ratio as of March 2023 (TTM): 2.95
According to Gazprom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.95201. At the end of 2020 the company had a P/E ratio of 37.5.
P/E ratio history for Gazprom from 2013 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 37.5 | 682.47% |
| 2019 | 4.80 | 106.51% |
| 2018 | 2.32 | -42.49% |
| 2017 | 4.04 | 10.22% |
| 2016 | 3.66 | -7.7% |
| 2015 | 3.97 | -78.89% |
| 2014 | 18.8 | 572.73% |
| 2013 | 2.80 | 0.23% |
| 2012 | 2.79 | -7.32% |
| 2011 | 3.01 | -34.41% |
| 2010 | 4.59 |
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.