Globalstar
GSAT
#3769
Rank
$2.44 B
Marketcap
$1.30
Share price
3.17%
Change (1 day)
30.00%
Change (1 year)

P/E ratio for Globalstar (GSAT)

P/E ratio as of April 2024 (TTM): -157

According to Globalstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -156.725. At the end of 2022 the company had a P/E ratio of -10.0.

P/E ratio history for Globalstar from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-10.0-48.26%
2021-19.3184.31%
2020-6.80-105.58%
2019122
2017-14.621.96%
2016-11.9-149.73%
201524.0-580%
2014-5.00231.43%
2013-1.5141.13%
2012-1.07-64.37%
2011-3.00-27.59%
2010-4.14180.95%
2009-1.4732.71%
2008-1.11-95%
2007-22.2-159.11%
200637.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
1.73-101.10%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-1.27-99.19%๐Ÿ‡บ๐Ÿ‡ธ USA
-159 1.49%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-107.22%๐Ÿ‡บ๐Ÿ‡ธ 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.