Great Lakes Dredge & Dock Corp.
GLDD
#6071
Rank
$0.76 B
Marketcap
$11.37
Share price
-2.15%
Change (1 day)
45.58%
Change (1 year)

P/E ratio for Great Lakes Dredge & Dock Corp. (GLDD)

P/E ratio as of January 2025 (TTM): -17.8

According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.7656. At the end of 2022 the company had a P/E ratio of -11.7.

P/E ratio history for Great Lakes Dredge & Dock Corp. from 2006 to 2023

20082012201620202024-200-1001002000companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
2022-11.7-156.4%
202120.760.2%
202012.9-11.11%
201914.5-121.94%
2018-66.2562%
2017-10.0-69.05%
2016-32.3-22.62%
2015-41.8-187.8%
201447.6-255.07%
2013-30.7-86.26%
2012-223-1264.43%
201119.253.48%
201012.5-40.24%
200920.9-54.67%
200846.1-25.97%
200762.3-969.1%
2006-7.17

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-12.6-29.00%๐Ÿ‡บ๐Ÿ‡ธ USA
33.3-287.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-232 1,208.13%๐Ÿ‡บ๐Ÿ‡ธ USA
99.3-658.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.62-62.75%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2-247.26%๐Ÿ‡บ๐Ÿ‡ธ USA
42.4-338.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.97-66.38%๐Ÿ‡บ๐Ÿ‡ธ USA
27.4-254.35%๐Ÿ‡บ๐Ÿ‡ธ USA
-40.0 125.39%๐Ÿ‡บ๐Ÿ‡ธ USA

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.