Gran Tierra Energy
GTE
#7725
Rank
ยฃ0.17 B
Marketcap
ยฃ4.91
Share price
-4.63%
Change (1 day)
-1.41%
Change (1 year)

P/E ratio for Gran Tierra Energy (GTE)

P/E ratio as of November 2024 (TTM): 13.6

According to Gran Tierra Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5745. At the end of 2022 the company had a P/E ratio of 2.61.

P/E ratio history for Gran Tierra Energy from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.61-58.76%
20216.33-3829.63%
2020-0.1698-101.32%
201912.954.56%
20188.35-124.73%
2017-33.81475.74%
2016-2.14-7.22%
2015-2.31-64.02%
2014-6.42-140.38%
201315.93.5%
201215.443.94%
201110.7-80.12%
201053.7-43.8%
200995.5513.93%
200815.6-153.44%
2007-29.1121.87%
2006-13.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.6589-95.15%๐Ÿ‡ง๐Ÿ‡ท Brazil
6.88-49.28%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
2.66-80.40%๐Ÿ‡จ๐Ÿ‡ด Colombia
2.47-81.77%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.