Ferroglobe
GSM
#5802
Rank
ยฃ0.67 B
Marketcap
ยฃ3.59
Share price
0.89%
Change (1 day)
-7.89%
Change (1 year)

P/E ratio for Ferroglobe (GSM)

P/E ratio as of November 2024 (TTM): 4.81

According to Ferroglobe 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.80851. At the end of 2022 the company had a P/E ratio of 1.57.

P/E ratio history for Ferroglobe from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.57-116.63%
2021-9.41542.57%
2020-1.46158.59%
2019-0.5663-108.55%
20186.63
2016-5.47

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.4 406.46%๐Ÿ‡บ๐Ÿ‡ธ USA
69.3 1,341.89%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7 559.35%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9 252.33%๐Ÿ‡บ๐Ÿ‡ธ 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.