P/E ratio for Great-West Lifeco (GWO.TO)
P/E ratio as of April 2024 (TTM): 13.3
According to Great-West Lifeco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2968. At the end of 2022 the company had a P/E ratio of 7.54.
P/E ratio history for Great-West Lifeco from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.54 | -33.13% |
| 2021 | 11.3 | 17.94% |
| 2020 | 9.57 | -28.33% |
| 2019 | 13.3 | 41.85% |
| 2018 | 9.41 | -41.75% |
| 2017 | 16.2 | 22.54% |
| 2016 | 13.2 | 5.94% |
| 2015 | 12.4 | -5.61% |
| 2014 | 13.2 | -5.77% |
| 2013 | 14.0 | 9.28% |
| 2012 | 12.8 | 33.55% |
| 2011 | 9.59 | -38.12% |
| 2010 | 15.5 | -0.81% |
| 2009 | 15.6 | 17.71% |
| 2008 | 13.3 | -14.09% |
| 2007 | 15.4 | -3.86% |
| 2006 | 16.1 | 2.3% |
| 2005 | 15.7 | 5.54% |
| 2004 | 14.9 | -3.53% |
| 2003 | 15.4 | 4.76% |
| 2002 | 14.7 |
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.