P/E ratio for Getlink (GET.PA)
P/E ratio at the end of 2024: 25.1
According to Getlink's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9728. At the end of 2024 the company had a P/E ratio of 25.1.
P/E ratio history for Getlink from 2007 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 25.1 | 0.86% |
| 2023 | 24.9 | -16.27% |
| 2022 | 29.7 | -199.89% |
| 2021 | -29.7 | -46.66% |
| 2020 | -55.7 | -220.1% |
| 2019 | 46.4 | 6.96% |
| 2018 | 43.4 | 2% |
| 2017 | 42.5 | 83.28% |
| 2016 | 23.2 | -57.32% |
| 2015 | 54.4 | -31.38% |
| 2014 | 79.3 | 173.29% |
| 2013 | 29.0 | -61.5% |
| 2012 | 75.3 | -62.8% |
| 2011 | 203 | -589.03% |
| 2010 | -41.4 | -109.1% |
| 2009 | 455 | 5444.69% |
| 2008 | 8.21 | 11543.33% |
| 2007 | 0.0705 |
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.