P/E ratio for Griffon Corporation (GFF)
P/E ratio as of April 2024 (TTM): -9.23
According to Griffon Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.23425. At the end of 2022 the company had a P/E ratio of -11.6.
P/E ratio history for Griffon Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.6 | -155.31% |
| 2021 | 20.9 | 61.32% |
| 2020 | 13.0 | -39.34% |
| 2019 | 21.4 | 409.91% |
| 2018 | 4.20 | -83.5% |
| 2017 | 25.4 | -18.44% |
| 2016 | 31.2 | 52.45% |
| 2015 | 20.5 | -84.62% |
| 2014 | 133 | 20.82% |
| 2013 | 110 | 159.36% |
| 2012 | 42.4 | -132.54% |
| 2011 | -130 | -151.19% |
| 2010 | 255 | 629.79% |
| 2009 | 34.9 | -534.09% |
| 2008 | -8.04 | -123.26% |
| 2007 | 34.6 | 125.13% |
| 2006 | 15.4 | 0% |
| 2005 | 15.4 | -4.42% |
| 2004 | 16.1 | 14.23% |
| 2003 | 14.1 | 6.4% |
| 2002 | 13.2 | -74.19% |
| 2001 | 51.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -35.5 | 284.35% | 🇺🇸 USA |
 Lockheed Martin LMT | 16.9 | -283.23% | 🇺🇸 USA |
 General Dynamics GD | 23.6 | -355.61% | 🇺🇸 USA |
 Northrop Grumman NOC | 16.0 | -273.01% | 🇺🇸 USA |
 Sonoco SON | 11.2 | -221.31% | 🇺🇸 USA |
 PGT Innovations
PGTI | 21.8 | -335.61% | 🇺🇸 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.