P/E ratio for Genesco (GCO)
P/E ratio as of May 2023 (TTM): 3.23
According to Genesco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.23187. At the end of 2021 the company had a P/E ratio of 6.44.
P/E ratio history for Genesco from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.44 | -267.91% |
| 2020 | -3.83 | -87.2% |
| 2019 | -29.9 | -339.33% |
| 2018 | 12.5 | -343.35% |
| 2017 | -5.14 | -138.67% |
| 2016 | 13.3 | 0.62% |
| 2015 | 13.2 | -34.11% |
| 2014 | 20.1 | 9.54% |
| 2013 | 18.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zumiez ZUMZ | 15.4 | 377.63% | 🇺🇸 USA |
 Shoe Carnival
SCVL | 4.98 | 54.01% | 🇺🇸 USA |
 Foot Locker
FL | 7.30 | 125.79% | 🇺🇸 USA |
 Boot Barn Holdings
BOOT | 12.4 | 284.76% | 🇺🇸 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.