P/E ratio for Greggs (GRG.L)
P/E ratio at the end of 2022: 21.4
According to Greggs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 21.4.
P/E ratio history for Greggs from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.4 | -25.32% |
| 2021 | 28.7 | -120.94% |
| 2020 | -137 | -615.23% |
| 2019 | 26.6 | 32.35% |
| 2018 | 20.1 | -16.22% |
| 2017 | 24.0 | 34.57% |
| 2016 | 17.8 | -11.64% |
| 2015 | 20.2 | 23.1% |
| 2014 | 16.4 | 13.85% |
| 2013 | 14.4 | 57.86% |
| 2012 | 9.12 | -4.1% |
| 2011 | 9.51 | -10.37% |
| 2010 | 10.6 | 4.66% |
| 2009 | 10.1 | -89.39% |
| 2008 | 95.5 | 954.84% |
| 2007 | 9.05 | -23.96% |
| 2006 | 11.9 | -6.34% |
| 2005 | 12.7 | 37.88% |
| 2004 | 9.22 | -7.62% |
| 2003 | 9.98 | -39.81% |
| 2002 | 16.6 | -2.08% |
| 2001 | 16.9 |
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.