Gilat Satellite Networks
GILT
#6591
Rank
$0.29 B
Marketcap
$5.24
Share price
-1.50%
Change (1 day)
-8.87%
Change (1 year)

P/E ratio for Gilat Satellite Networks (GILT)

P/E ratio as of June 2024 (TTM): 52.4

According to Gilat Satellite Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.4. At the end of 2022 the company had a P/E ratio of -58.0.

P/E ratio history for Gilat Satellite Networks from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-58.0-57.62%
2021-137-1401.29%
202010.5-13.26%
201912.1-55%
201826.9-54.75%
201759.5-242.61%
2016-41.81329.74%
2015-2.92-98.08%
2014-1521262.72%
2013-11.215.42%
2012-9.68-63.36%
2011-26.4-495.97%
20106.67-92.86%
200993.5-170.65%
2008-132-429.73%
200740.184.18%
200621.8-137.37%
2005-58.3390.97%
2004-11.9-210096.09%
20030.0057-301.9%
2002-0.0028-85.13%
2001-0.0188

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.2-53.75%๐Ÿ‡บ๐Ÿ‡ธ USA
1.00-98.08%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.79-103.41%๐Ÿ‡บ๐Ÿ‡ธ USA
> 1000 2,783,301,526,717,557,248.00%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-134-355.04%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-74.05%๐Ÿ‡บ๐Ÿ‡ธ 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.