P/E ratio for GoPro (GPRO)
P/E ratio as of April 2024 (TTM): -10.5
According to GoPro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5294. At the end of 2022 the company had a P/E ratio of 26.2.
P/E ratio history for GoPro from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.2 | 507.6% |
| 2021 | 4.31 | -123.97% |
| 2020 | -18.0 | -54.38% |
| 2019 | -39.5 | 635.12% |
| 2018 | -5.37 | -7.83% |
| 2017 | -5.82 | 101.23% |
| 2016 | -2.89 | -104.5% |
| 2015 | 64.3 | -7.92% |
| 2014 | 69.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Eastman Kodak Company KODK | 6.16 | -158.47% | 🇺🇸 USA |
 Avid Technology
AVID | 36.5 | -447.03% | 🇺🇸 USA |
 Canon 7751.T | 14.9 | -241.67% | 🇯🇵 Japan |
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.