Goodman Group
GMG.AX
#430
Rank
$44.94 B
Marketcap
$23.66
Share price
0.31%
Change (1 day)
67.59%
Change (1 year)

P/E ratio for Goodman Group (GMG.AX)

P/E ratio at the end of 2022: 9.53

According to Goodman Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7541. At the end of 2022 the company had a P/E ratio of 9.53.

P/E ratio history for Goodman Group from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.53-36.01%
202114.9-14.99%
202017.510.11%
201915.913.27%
201814.0-12.49%
201716.083.96%
20168.7211.77%
20157.80-15.91%
20149.28-74.18%
201335.9311.04%
20128.7419.46%
20117.32-244.4%
2010-5.07649.97%
2009-0.6759-105.15%
200813.1-2.61%
200713.5-13.71%
200615.6-71.77%
200555.3

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.