GFL Environmental
GFL
#1089
Rank
ยฃ13.67 B
Marketcap
ยฃ34.76
Share price
-0.84%
Change (1 day)
49.09%
Change (1 year)
GFL Environmental Inc. also known as Green For Life or GFL is a Canadian waste management company with headquarters in Toronto.

P/E ratio for GFL Environmental (GFL)

P/E ratio as of November 2024 (TTM): -122

According to GFL Environmental 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -121.524. At the end of 2022 the company had a P/E ratio of -37.4.

P/E ratio history for GFL Environmental from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-37.441.49%
2021-26.590.98%
2020-13.9

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.