P/E ratio for Grand Canyon Education (LOPE)
P/E ratio as of August 2022 (TTM): 13.9
According to Grand Canyon Education's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8664. At the end of 2021 the company had a P/E ratio of 14.2.
P/E ratio history for Grand Canyon Education from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.2 | -16.2% |
| 2020 | 17.0 | -3.68% |
| 2019 | 17.6 | -11.74% |
| 2018 | 20.0 | -3.56% |
| 2017 | 20.7 | 14.17% |
| 2016 | 18.2 | 29.4% |
| 2015 | 14.0 | |
| 2012 | 14.9 |
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.