GOL Airlines
GOL
#1891
Rank
$7.05 B
Marketcap
$4.41
Share price
9.98%
Change (1 day)
-36.73%
Change (1 year)

P/E ratio for GOL Airlines (GOL)

P/E ratio as of August 2022 (TTM): -0.6379

According to GOL Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.637893. At the end of 2019 the company had a P/E ratio of -41.7.

P/E ratio history for GOL Airlines from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2019-41.7
2017118
2014-3.22
2012-2.35

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.