P/E ratio for Great Eastern (G07.SI)
P/E ratio as of May 2024 (TTM): 8.85
According to Great Eastern's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.84608. At the end of 2018 the company had a P/E ratio of 16.0.
P/E ratio history for Great Eastern from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 16.0 | 26.28% |
| 2017 | 12.6 | -22.24% |
| 2016 | 16.2 | 33.26% |
| 2015 | 12.2 | -5.47% |
| 2014 | 12.9 | 3.5% |
| 2013 | 12.5 | 99.73% |
| 2012 | 6.24 | -59.89% |
| 2011 | 15.6 | 6.56% |
| 2010 | 14.6 | 72.96% |
| 2009 | 8.44 |
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.