P/E ratio for Gree (3632.T)
P/E ratio as of April 2024 (TTM): 13.6
According to Gree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.587. At the end of 2022 the company had a P/E ratio of 16.8.
P/E ratio history for Gree from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.8 | 20.88% |
| 2021 | 13.9 | -64.85% |
| 2020 | 39.5 | 65.47% |
| 2019 | 23.9 | -28.94% |
| 2018 | 33.6 | -33.68% |
| 2017 | 50.6 | 465.62% |
| 2016 | 8.95 | -107.84% |
| 2015 | -114 | -325.83% |
| 2014 | 50.5 | 198.86% |
| 2013 | 16.9 | 137.84% |
| 2012 | 7.11 | -62.11% |
| 2011 | 18.8 | 37.03% |
| 2010 | 13.7 | -28.13% |
| 2009 | 19.0 |
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.