P/E ratio for Goodman Group (GMG.AX)
P/E ratio at the end of 2021: 15.7
According to Goodman Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9778. At the end of 2021 the company had a P/E ratio of 15.7.
P/E ratio history for Goodman Group from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.7 | -14.99% |
| 2020 | 18.5 | 10.11% |
| 2019 | 16.8 | 13.27% |
| 2018 | 14.8 | -12.49% |
| 2017 | 16.9 | 83.96% |
| 2016 | 9.21 | 11.77% |
| 2015 | 8.24 | -15.91% |
| 2014 | 9.80 | -74.18% |
| 2013 | 38.0 | 311.04% |
| 2012 | 9.24 | 19.46% |
| 2011 | 7.73 | -244.4% |
| 2010 | -5.35 | 649.97% |
| 2009 | -0.7139 | -105.15% |
| 2008 | 13.9 | -2.61% |
| 2007 | 14.2 | -13.71% |
| 2006 | 16.5 | -69.88% |
| 2005 | 54.7 |
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.