GOL Airlines
GOL
#5228
Rank
$0.56 B
Marketcap
$2.68
Share price
-0.74%
Change (1 day)
-55.85%
Change (1 year)

P/E ratio for GOL Airlines (GOL)

P/E ratio as of March 2023 (TTM): -10.8

According to GOL Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.753. 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
2014-3.22-13.72%
2013-3.7358.84%
2012-2.35

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
276-2,668.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.5 220.39%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
9.55-188.86%๐Ÿ‡ต๐Ÿ‡ฆ Panama
-2.89-73.08%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.