Green Dot
GDOT
#6099
Rank
$0.42 B
Marketcap
$8.04
Share price
-2.07%
Change (1 day)
-58.04%
Change (1 year)

P/E ratio for Green Dot (GDOT)

P/E ratio as of March 2024 (TTM): 9.02

According to Green Dot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.02198. At the end of 2022 the company had a P/E ratio of 13.4.

P/E ratio history for Green Dot from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.4-67.81%
202141.7-67.15%
2020127928.7%
201912.3-64.5%
201834.7-1.46%
201735.221.21%
201629.128.08%
201522.74.13%
201421.8-32.4%
201332.2219.79%
201210.1-59.63%
201125.0-77.08%
2010109

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
34.1 277.44%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2 24.45%๐Ÿ‡บ๐Ÿ‡ธ USA
41.2 356.79%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0 110.46%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.