According to Genesis Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4371. At the end of 2022 the company had a P/E ratio of 12.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.0 | -86.46% |
2021 | 88.4 | 42.31% |
2020 | 62.2 | 21.5% |
2019 | 51.2 | -52.65% |
2018 | 108 | 548.35% |
2017 | 16.7 | 74.48% |
2016 | 9.55 | -33.74% |
2015 | 14.4 | -41.33% |
2014 | 24.6 |
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.