P/E ratio for GTI Energy (GTR.AX)
P/E ratio at the end of 2021: -10.4
According to GTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.34666. At the end of 2021 the company had a P/E ratio of -10.4.
P/E ratio history for GTI Energy from 2008 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -10.4 | 78.59% |
| 2020 | -5.84 | 88.14% |
| 2019 | -3.10 | -138.17% |
| 2018 | 8.13 | -718.14% |
| 2017 | -1.32 | -52.38% |
| 2016 | -2.76 | 33.81% |
| 2015 | -2.06 | 21.71% |
| 2014 | -1.70 | 9.51% |
| 2013 | -1.55 | 25.39% |
| 2012 | -1.24 | -61.65% |
| 2011 | -3.22 | 67.47% |
| 2010 | -1.92 | 41.52% |
| 2009 | -1.36 | 48.38% |
| 2008 | -0.9162 |
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.