P/E ratio for Gogo Inflight Internet (GOGO)
P/E ratio as of April 2024 (TTM): 7.10
According to Gogo Inflight Internet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.09756. At the end of 2022 the company had a P/E ratio of 19.4.
P/E ratio history for Gogo Inflight Internet from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.4 | 95.22% |
| 2021 | 9.95 | -416.12% |
| 2020 | -3.15 | -10.51% |
| 2019 | -3.52 | 137.57% |
| 2018 | -1.48 | -71.52% |
| 2017 | -5.20 | -10.92% |
| 2016 | -5.84 | -55.41% |
| 2015 | -13.1 | -21.61% |
| 2014 | -16.7 | 293.01% |
| 2013 | -4.25 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Orbcomm
ORBC | N/A | N/A | 🇺🇸 USA |
 Globalstar
GSAT | -156 | -2,291.03% | 🇺🇸 USA |
 Iridium Communications IRDM | -164 | -2,407.36% | 🇺🇸 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.