P/E ratio for Geospace Technologies (GEOS)
P/E ratio as of April 2024 (TTM): -421
According to Geospace Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -421.333. At the end of 2022 the company had a P/E ratio of -3.38.
P/E ratio history for Geospace Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.38 | -24.3% |
| 2021 | -4.46 | -57.28% |
| 2020 | -10.4 | -83.19% |
| 2019 | -62.1 | 610.87% |
| 2018 | -8.74 | 179.57% |
| 2017 | -3.13 | -45.35% |
| 2016 | -5.72 | 19.5% |
| 2015 | -4.79 | -110.29% |
| 2014 | 46.5 | 172.64% |
| 2013 | 17.1 | -30.44% |
| 2012 | 24.5 | 51.86% |
| 2011 | 16.1 | -42.99% |
| 2010 | 28.3 | -82.83% |
| 2009 | 165 | 1845.17% |
| 2008 | 8.48 | -71.08% |
| 2007 | 29.3 | 44.37% |
| 2006 | 20.3 | -55.75% |
| 2005 | 45.9 | 37.24% |
| 2004 | 33.4 | -27.25% |
| 2003 | 46.0 | -186.2% |
| 2002 | -53.3 | -234% |
| 2001 | 39.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 13.2 | -103.13% | 🇺🇸 USA |
 Schlumberger SLB | 16.8 | -104.00% | 🇺🇸 USA |
 Amphenol APH | 37.4 | -108.88% | 🇺🇸 USA |
 OSI Systems
OSIS | 24.3 | -105.77% | 🇺🇸 USA |
 ION Geophysical
IO | N/A | N/A | 🇺🇸 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.