P/E ratio for GMO Payment Gateway (3769.T)
P/E ratio as of June 2023 (TTM): 33.2
According to GMO Payment Gateway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.1857. At the end of 2021 the company had a P/E ratio of 120.
P/E ratio history for GMO Payment Gateway from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 120 | 10.98% |
| 2020 | 108 | 6.75% |
| 2019 | 102 | -22.96% |
| 2018 | 132 | 48.55% |
| 2017 | 88.7 | 32.91% |
| 2016 | 66.7 | -19.02% |
| 2015 | 82.4 | 44.15% |
| 2014 | 57.2 | 44.74% |
| 2013 | 39.5 | 61.52% |
| 2012 | 24.5 | -37.36% |
| 2011 | 39.0 | 56.31% |
| 2010 | 25.0 | 27.93% |
| 2009 | 19.5 | 1.26% |
| 2008 | 19.3 | -7.54% |
| 2007 | 20.9 | -70.04% |
| 2006 | 69.6 | -93.08% |
| 2005 | > 1000 |
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.