P/E ratio for Gildan (GIL)
P/E ratio as of April 2024 (TTM): 13.5
According to Gildan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4758. At the end of 2022 the company had a P/E ratio of 9.35.
P/E ratio history for Gildan from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.35 | -31.83% |
| 2021 | 13.7 | -155.83% |
| 2020 | -24.6 | -205.67% |
| 2019 | 23.3 | 27.14% |
| 2018 | 18.3 | -8.84% |
| 2017 | 20.1 | 16.24% |
| 2016 | 17.3 | |
| 2014 | 24.7 | 24.61% |
| 2013 | 19.8 | 2.39% |
| 2012 | 19.4 | 28.76% |
| 2011 | 15.0 | -10.3% |
| 2010 | 16.8 | -32.63% |
| 2009 | 24.9 | 115.77% |
| 2008 | 11.5 | -66.8% |
| 2007 | 34.7 | 32.72% |
| 2006 | 26.2 | -4.19% |
| 2005 | 27.3 | 78.72% |
| 2004 | 15.3 | -11.01% |
| 2003 | 17.2 | 10.74% |
| 2002 | 15.5 | -113.12% |
| 2001 | -118 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hanesbrands
HBI | -4.21 | -131.21% | 🇺🇸 USA |
 VF Corporation VFC | -22.3 | -265.28% | 🇺🇸 USA |
 Delta Apparel DLA | -1.04 | -107.72% | 🇺🇸 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.