P/E ratio for Greif (GEF)
P/E ratio as of April 2024 (TTM): 9.20
According to Greif's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.19762. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Greif from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | 14.75% |
| 2021 | 9.19 | -64.13% |
| 2020 | 25.6 | 67.5% |
| 2019 | 15.3 | 46.72% |
| 2018 | 10.4 | -65.24% |
| 2017 | 30.0 | -26.35% |
| 2016 | 40.7 | 62.57% |
| 2015 | 25.0 | -17.26% |
| 2014 | 30.3 | 47.33% |
| 2013 | 20.5 | 9.44% |
| 2012 | 18.8 | 31.08% |
| 2011 | 14.3 | -6.98% |
| 2010 | 15.4 | -45.23% |
| 2009 | 28.1 | 250.7% |
| 2008 | 8.02 | -67.01% |
| 2007 | 24.3 | 0.98% |
| 2006 | 24.1 | 21.27% |
| 2005 | 19.8 | -40.96% |
| 2004 | 33.6 | -67.82% |
| 2003 | 104 | 378.32% |
| 2002 | 21.8 | 108.08% |
| 2001 | 10.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TriMas TRS | 21.4 | 132.27% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 18.0 | 95.89% | 🇺🇸 USA |
 CryoPort CYRX | -16.9 | -283.60% | 🇺🇸 USA |
 Sonoco SON | 11.3 | 22.66% | 🇺🇸 USA |
 Crown Holdings
CCK | 19.0 | 106.34% | 🇺🇸 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.