P/E ratio for Gibson Energy (GEI.TO)
P/E ratio as of April 2024 (TTM): 14.5
According to Gibson Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4662. At the end of 2022 the company had a P/E ratio of 15.6.
P/E ratio history for Gibson Energy from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.6 | -31.32% |
| 2021 | 22.6 | -8.58% |
| 2020 | 24.8 | 17.38% |
| 2019 | 21.1 | 18.62% |
| 2018 | 17.8 | -69.66% |
| 2017 | 58.6 | -464.6% |
| 2016 | -16.1 | 159.54% |
| 2015 | -6.20 | -116.87% |
| 2014 | 36.7 | 15.33% |
| 2013 | 31.9 | 51.02% |
| 2012 | 21.1 |
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.