Goosehead Insurance
GSHD
#3825
Rank
$2.45 B
Marketcap
$64.74
Share price
8.13%
Change (1 day)
15.32%
Change (1 year)

P/E ratio for Goosehead Insurance (GSHD)

P/E ratio as of May 2024 (TTM): 131

According to Goosehead Insurance 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 131.147. At the end of 2022 the company had a P/E ratio of > 1000.

P/E ratio history for Goosehead Insurance from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022> 1000269.59%
2021465101.08%
2020231128.86%
2019101-350.89%
2018-40.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.7-77.38%๐Ÿ‡บ๐Ÿ‡ธ USA
131 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.26-106.30%๐Ÿ‡บ๐Ÿ‡ธ USA

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.