P/E ratio for Gilat Telecom (GILT)
P/E ratio as of June 2023 (TTM): -75.0
According to Gilat Telecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -75. At the end of 2019 the company had a P/E ratio of 12.1.
P/E ratio history for Gilat Telecom from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | 12.1 | -55% |
| 2018 | 26.9 | -54.75% |
| 2017 | 59.5 | -242.61% |
| 2016 | -41.8 | 1326.38% |
| 2015 | -2.93 | -98.08% |
| 2014 | -152 | |
| 2012 | -9.67 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 16.6 | -122.19% | 🇺🇸 USA |
 ViaSat VSAT | -24.5 | -67.32% | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -12.0 | -83.96% | 🇺🇸 USA |
 Ceragon Networks CRNT | -36.8 | -50.93% | 🇮🇱 Israel |
 Globalstar
GSAT | -8.89 | -88.15% | 🇺🇸 USA |
 EchoStar SATS | 8.46 | -111.29% | 🇺🇸 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.