GOL Airlines
GOL
#2837
Rank
$4.34 B
Marketcap
$2.72
Share price
0.00%
Change (1 day)
-5.07%
Change (1 year)

P/E ratio for GOL Airlines (GOL)

P/E ratio as of April 2024 (TTM): -2.52

According to GOL Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.51587. At the end of 2022 the company had a P/E ratio of -1.86.

P/E ratio history for GOL Airlines from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.86105.26%
2021-0.9073-36.72%
2020-1.43-96.56%
2019-41.7374.11%
2018-8.79-107.71%
20171145713.39%
20161.96-1417.81%
2015-0.1488-95.38%
2014-3.22-10.46%
2013-3.5953.54%
2012-2.34-42.62%
2011-4.08-112.86%
201031.7338.67%
20097.23-622.88%
2008-1.38-99.82%
2007-781-3734.05%
200621.5-27.41%
200529.6-12.83%
200434.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.95-455.86%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.2 386.75%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
11.9-571.98%๐Ÿ‡ต๐Ÿ‡ฆ Panama
-1.94-22.92%๐Ÿ‡จ๐Ÿ‡ณ China

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.