P/E ratio for goeasy (GSY.TO)
P/E ratio as of May 2024 (TTM): 16.0
According to goeasy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9638. At the end of 2022 the company had a P/E ratio of 12.4.
P/E ratio history for goeasy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.4 | 6% |
| 2021 | 11.7 | 11.15% |
| 2020 | 10.5 | -33.61% |
| 2019 | 15.8 | 67.04% |
| 2018 | 9.46 | -31.99% |
| 2017 | 13.9 | 31.16% |
| 2016 | 10.6 | -2.03% |
| 2015 | 10.8 | -20.11% |
| 2014 | 13.6 | -9.12% |
| 2013 | 14.9 | 52.11% |
| 2012 | 9.80 | 51.27% |
| 2011 | 6.48 | -61.03% |
| 2010 | 16.6 | -2.61% |
| 2009 | 17.1 | 52.79% |
| 2008 | 11.2 | -36.05% |
| 2007 | 17.5 | -9.53% |
| 2006 | 19.3 | -27.86% |
| 2005 | 26.8 | 34.85% |
| 2004 | 19.9 | 25.6% |
| 2003 | 15.8 | -28.41% |
| 2002 | 22.1 | -1325.94% |
| 2001 | -1.80 |
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.