P/E ratio for GMO Payment Gateway (3769.T)
P/E ratio as of April 2024 (TTM): 37.5
According to GMO Payment Gateway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.5428. At the end of 2022 the company had a P/E ratio of 34.4.
P/E ratio history for GMO Payment Gateway from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.4 | -69.36% |
| 2021 | 112 | -16.26% |
| 2020 | 134 | 44.14% |
| 2019 | 93.0 | 20.65% |
| 2018 | 77.1 | -40.54% |
| 2017 | 130 | 96.15% |
| 2016 | 66.1 | -37.36% |
| 2015 | 105 | 120.19% |
| 2014 | 47.9 | -14.24% |
| 2013 | 55.9 | 147.35% |
| 2012 | 22.6 | -30.41% |
| 2011 | 32.4 | 19.84% |
| 2010 | 27.1 | 40% |
| 2009 | 19.3 |
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.