P/E ratio for GCP Applied Technologies (GCP)
P/E ratio as of May 2024 (TTM): 229
According to GCP Applied Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 228.643. At the end of 2021 the company had a P/E ratio of 113.
P/E ratio history for GCP Applied Technologies from 2016 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 113 | 545.44% |
| 2020 | 17.5 | -49.86% |
| 2019 | 34.9 | -70.11% |
| 2018 | 117 | 2732.83% |
| 2017 | 4.13 | -84.26% |
| 2016 | 26.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Forterra FRTA | 14.2 | -93.79% | 🇺🇸 USA |
 GCP Applied Technologies
GCP | 229 | 0.00% | 🇺🇸 USA |
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.