P/E ratio for Glatfelter (GLT)
P/E ratio as of September 2023 (TTM): -0.6667
According to Glatfelter 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.666667. At the end of 2021 the company had a P/E ratio of 108.
P/E ratio history for Glatfelter from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 108 | 221.58% |
| 2020 | 33.4 | -187.68% |
| 2019 | -38.1 | 1485.94% |
| 2018 | -2.40 | -102.13% |
| 2017 | 113 | 136.17% |
| 2016 | 47.8 | 286.07% |
| 2015 | 12.4 | -22.08% |
| 2014 | 15.9 | -10.94% |
| 2013 | 17.8 | 40.78% |
| 2012 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 International Paper
IP | 11.8 | -1,867.75% | 🇺🇸 USA |
 Packaging Corporation of America
PKG | 15.7 | -2,454.52% | 🇺🇸 USA |
 WPP WPP | N/A | N/A | 🇬🇧 UK |
 Verso Corporation
VRS | -22.9 | 3,330.93% | 🇺🇸 USA |
 Schweitzer-Mauduit International SWM | N/A | N/A | 🇺🇸 USA |
 Neenah NP | -19.5 | 2,826.83% | 🇺🇸 USA |
 Domtar UFS | N/A | N/A | 🇺🇸 USA |
 Clearwater Paper CLW | 8.75 | -1,412.31% | 🇺🇸 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.