Great Lakes Dredge & Dock Corp.
GLDD
#5884
Rank
$0.65 B
Marketcap
$9.78
Share price
3.16%
Change (1 day)
22.71%
Change (1 year)

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

P/E ratio as of July 2024 (TTM): -15.3

According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.2812. 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

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
-20.8 36.28%๐Ÿ‡บ๐Ÿ‡ธ USA
24.0-257.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-174 1,039.90%๐Ÿ‡บ๐Ÿ‡ธ USA
76.0-597.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.62-63.20%๐Ÿ‡บ๐Ÿ‡ธ USA
26.8-275.07%๐Ÿ‡บ๐Ÿ‡ธ USA
31.5-306.23%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.43-57.89%๐Ÿ‡บ๐Ÿ‡ธ USA
27.9-282.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-47.5 210.90%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.