P/E ratio for Globalstar (GSAT)
P/E ratio as of June 2023 (TTM): -9.53
According to Globalstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.52945. At the end of 2021 the company had a P/E ratio of -19.3.
P/E ratio history for Globalstar from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -19.3 | 184.31% |
| 2020 | -6.80 | -105.58% |
| 2019 | 122 | |
| 2017 | -14.6 | 21.96% |
| 2016 | -11.9 | -149.73% |
| 2015 | 24.0 | -580% |
| 2014 | -5.00 | 231.43% |
| 2013 | -1.51 | 41.13% |
| 2012 | -1.07 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dish Network
DISH | 2.43 | -125.45% | 🇺🇸 USA |
 Orbcomm
ORBC | N/A | N/A | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -12.2 | 28.42% | 🇺🇸 USA |
 Iridium Communications IRDM | 469 | -5,017.66% | 🇺🇸 USA |
 EchoStar SATS | 8.92 | -193.65% | 🇺🇸 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.