P/E ratio for GL Events SA (GLO.PA)
P/E ratio at the end of 2022: 9.20
According to GL Events SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8273. At the end of 2022 the company had a P/E ratio of 9.20.
P/E ratio history for GL Events SA from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.20 | -71.03% |
| 2021 | 31.8 | -1034.51% |
| 2020 | -3.40 | -125.76% |
| 2019 | 13.2 | 41.86% |
| 2018 | 9.30 | -35.39% |
| 2017 | 14.4 | 14.14% |
| 2016 | 12.6 | 5.21% |
| 2015 | 12.0 | 13.29% |
| 2014 | 10.6 | -65.48% |
| 2013 | 30.7 | 171.36% |
| 2012 | 11.3 | -21.76% |
| 2011 | 14.4 | 1.94% |
| 2010 | 14.2 | 53.01% |
| 2009 | 9.26 | 51.77% |
| 2008 | 6.10 | -59.78% |
| 2007 | 15.2 | -25.27% |
| 2006 | 20.3 | 13.13% |
| 2005 | 17.9 | |
| 2003 | 15.7 | -0.41% |
| 2002 | 15.8 | -43.68% |
| 2001 | 28.0 |
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.