P/E ratio for Gree (3632.T)
P/E ratio as of April 2023 (TTM): 21.8
According to Gree's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.8367. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for Gree from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | 60.54% |
| 2021 | 9.59 | -75.9% |
| 2020 | 39.8 | 15.52% |
| 2019 | 34.4 | 16.2% |
| 2018 | 29.6 | 48.49% |
| 2017 | 20.0 | 24.46% |
| 2016 | 16.0 | -196.59% |
| 2015 | -16.6 | -240.19% |
| 2014 | 11.8 | 36.51% |
| 2013 | 8.67 | 13.44% |
| 2012 | 7.65 | -64.57% |
| 2011 | 21.6 | -22.79% |
| 2010 | 28.0 | -14% |
| 2009 | 32.5 |
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.