P/E ratio for GN Store Nord (GN.CO)
P/E ratio as of April 2024 (TTM): 57.0
According to GN Store Nord 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.0201. At the end of 2022 the company had a P/E ratio of 40.9.
P/E ratio history for GN Store Nord from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.9 | 39.2% |
| 2021 | 29.4 | -36.61% |
| 2020 | 46.4 | 66.6% |
| 2019 | 27.8 | 8.93% |
| 2018 | 25.5 | 18.47% |
| 2017 | 21.6 | -1.46% |
| 2016 | 21.9 | -11.35% |
| 2015 | 24.7 | -1.95% |
| 2014 | 25.2 | 3.47% |
| 2013 | 24.3 | -35.95% |
| 2012 | 38.0 | 303.28% |
| 2011 | 9.42 | 107.24% |
| 2010 | 4.54 | -106.78% |
| 2009 | -67.0 | |
| 2006 | 40.5 | 116.77% |
| 2005 | 18.7 | -4.51% |
| 2004 | 19.6 | -30.93% |
| 2003 | 28.3 | -3342.41% |
| 2002 | -0.8731 |
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.