Griffon Corporation
GFF
#3761
Rank
$1.87 B
Marketcap
$32.79
Share price
-2.15%
Change (1 day)
44.64%
Change (1 year)

P/E ratio for Griffon Corporation (GFF)

P/E ratio as of August 2022 (TTM): 14.6

According to Griffon Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6332. At the end of 2021 the company had a P/E ratio of 20.9.

P/E ratio history for Griffon Corporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.9
201923.2452.61%
20184.20-83.5%
201725.4-18.44%
201631.241.93%
201522.0-83.48%
201413320.82%
2013110159.36%
201242.4

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.