According to GOL Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.60845. At the end of 2019 the company had a P/E ratio of -41.5.
Year | P/E ratio | Change |
---|---|---|
2019 | -41.5 | |
2017 | 235 | |
2014 | -3.42 | -9.43% |
2013 | -3.77 | 65.73% |
2012 | -2.28 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Copa Holdings
CPA | 7.41 | -305.23% | ๐ต๐ฆ Panama |
![]() Delta Air Lines DAL | 8.10 | -324.44% | ๐บ๐ธ USA |
![]() China Eastern Airlines
600115.SS | -39.5 | 995.08% | ๐จ๐ณ China |
![]() Volaris
VLRS | -1.25 | -65.42% | ๐ฒ๐ฝ Mexico |
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.