P/E ratio for Grand City Properties (GYC.DE)
P/E ratio as of May 2024 (TTM): -4.31
According to Grand City Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.31043. At the end of 2022 the company had a P/E ratio of 11.8.
P/E ratio history for Grand City Properties from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.8 | 76.62% |
| 2021 | 6.67 | -32.21% |
| 2020 | 9.84 | 12.3% |
| 2019 | 8.76 | 37.2% |
| 2018 | 6.39 | 8.55% |
| 2017 | 5.88 | 20.8% |
| 2016 | 4.87 | -38.07% |
| 2015 | 7.86 | 15.02% |
| 2014 | 6.84 |
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.