Gaming Technologies (Gametech)
GMGT
#10269
Rank
ยฃ0 M
Marketcap
ยฃ0.0001589
Share price
0.00%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Gaming Technologies (Gametech) (GMGT)

P/E ratio as of December 2024 (TTM): -0.0010

According to Gaming Technologies (Gametech)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.000952381. At the end of 2021 the company had a P/E ratio of -6.38.

P/E ratio history for Gaming Technologies (Gametech) from 2021 to 2022

202220232024-15-10-550companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
2021-6.38

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.