P/E ratio for Grainger plc (GRI.L)
P/E ratio at the end of 2022: 8.41
According to Grainger plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 8.41.
P/E ratio history for Grainger plc from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.41 | -53.91% |
| 2021 | 18.2 | -22.44% |
| 2020 | 23.5 | 76.65% |
| 2019 | 13.3 | -7.75% |
| 2018 | 14.4 | -1.05% |
| 2017 | 14.6 | 104.14% |
| 2016 | 7.15 | -63.58% |
| 2015 | 19.6 | 137.8% |
| 2014 | 8.25 | -26.36% |
| 2013 | 11.2 | -98.72% |
| 2012 | 876 | 11025.69% |
| 2011 | 7.88 | -125.29% |
| 2010 | -31.1 | 543.79% |
| 2009 | -4.84 | 95.87% |
| 2008 | -2.47 | -140.9% |
| 2007 | 6.04 | -64.03% |
| 2006 | 16.8 | 24.71% |
| 2005 | 13.5 | 36.08% |
| 2004 | 9.89 | 13.09% |
| 2003 | 8.75 | -29.8% |
| 2002 | 12.5 | -33.36% |
| 2001 | 18.7 |
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.