P/E ratio for Gimv NV (GIMB.BR)
P/E ratio at the end of 2023: -19.6
According to Gimv NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.8998. At the end of 2023 the company had a P/E ratio of -19.6.
P/E ratio history for Gimv NV from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -19.6 | -348.91% |
| 2022 | 7.89 | 33.26% |
| 2021 | 5.92 | -177.51% |
| 2020 | -7.64 | -169.65% |
| 2019 | 11.0 | 8.04% |
| 2018 | 10.2 | 0.87% |
| 2017 | 10.1 | 18.94% |
| 2016 | 8.46 | 9.9% |
| 2015 | 7.70 | -83.75% |
| 2014 | 47.4 | 98.57% |
| 2013 | 23.9 | 7.4% |
| 2012 | 22.2 | 229.8% |
| 2011 | 6.74 | -10.18% |
| 2010 | 7.50 | -545.34% |
| 2009 | -1.68 | -137.22% |
| 2008 | 4.53 | 22.28% |
| 2007 | 3.70 | |
| 2005 | 5.47 | 4905.43% |
| 2004 | 0.1093 |
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.