According to GrainCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.25579. At the end of 2022 the company had a P/E ratio of 4.57.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.57 | -49.97% |
2021 | 9.14 | 297.25% |
2020 | 2.30 | -123.06% |
2019 | -9.97 | -168.21% |
2018 | 14.6 | 87.98% |
2017 | 7.78 | -74.87% |
2016 | 31.0 | -16.08% |
2015 | 36.9 | 101.73% |
2014 | 18.3 | 108.92% |
2013 | 8.75 | 154.49% |
2012 | 3.44 | -1.06% |
2011 | 3.48 | -55.67% |
2010 | 7.84 | 63.02% |
2009 | 4.81 | -136.96% |
2008 | -13.0 | -1.13% |
2007 | -13.2 | -333.04% |
2006 | 5.65 | -90.12% |
2005 | 57.2 | 253.25% |
2004 | 16.2 | -191.72% |
2003 | -17.6 | -390.46% |
2002 | 6.07 | -24.14% |
2001 | 8.01 |
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.