Grendene
GRND3.SA
#4177
Rank
$1.17 B
Marketcap
$1.31
Share price
-3.83%
Change (1 day)
-26.40%
Change (1 year)
Categories

P/E ratio for Grendene (GRND3.SA)

P/E ratio as of September 2022 (TTM): 14.1

According to Grendene's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0512. At the end of 2021 the company had a P/E ratio of 13.0.

P/E ratio history for Grendene from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.0-30.38%
202018.6-16.65%
201922.475.31%
201812.8-67.13%
201738.8366.08%
20168.33-9.31%
20159.19-1.92%
20149.36-25.23%
201312.58.8%
201211.552.7%
20117.54-15.87%
20108.96-16.17%
200910.7104.68%
20085.22-67.9%
200716.3-3.68%
200616.9-35.77%
200526.3-43.52%
200446.6

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.