P/E ratio for Gerresheimer (GXI.F)
P/E ratio as of April 2024 (TTM): 30.4
According to Gerresheimer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.4417. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Gerresheimer from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -33.91% |
| 2021 | 31.6 | 0.55% |
| 2020 | 31.4 | 16.2% |
| 2019 | 27.0 | 104.1% |
| 2018 | 13.2 | -37.93% |
| 2017 | 21.3 | 17.51% |
| 2016 | 18.2 | -17.86% |
| 2015 | 22.1 | 3.48% |
| 2014 | 21.4 | -17.44% |
| 2013 | 25.9 | 33.58% |
| 2012 | 19.4 | -2.41% |
| 2011 | 19.8 | -14.67% |
| 2010 | 23.3 | -81.3% |
| 2009 | 124 |
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.