According to Goosehead Insurance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 142.363. At the end of 2022 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2022 | > 1000 | 269.59% |
2021 | 465 | 101.08% |
2020 | 231 | 128.86% |
2019 | 101 | -350.89% |
2018 | -40.2 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Marsh & McLennan Companies MMC | 29.3 | -79.40% | ๐บ๐ธ USA |
Goosehead Insurance
GSHD | 142 | 0.00% | ๐บ๐ธ USA |
SelectQuote SLQT | -5.49 | -103.85% | ๐บ๐ธ USA |
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.