Genesis Energy
GNE.NZ
#5184
Rank
$1.50 B
Marketcap
$1.37
Share price
-0.84%
Change (1 day)
15.29%
Change (1 year)

P/E ratio for Genesis Energy (GNE.NZ)

P/E ratio at the end of 2024: 15.9

According to Genesis Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4553. At the end of 2024 the company had a P/E ratio of 15.9.

P/E ratio history for Genesis Energy from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415.929.76%
202312.327.97%
20229.58-85.97%
202168.351.27%
202045.128.77%
201935.0-49.54%
201869.4599.06%
20179.9385.38%
20165.36-27.83%
20157.42-37.32%
201411.8

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.