P/E ratio for Grupo Catalana Occidente (GCO.MC)
P/E ratio as of June 2023 (TTM): 7.56
According to Grupo Catalana Occidente's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.56057. At the end of 2021 the company had a P/E ratio of 8.29.
P/E ratio history for Grupo Catalana Occidente from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.29 | -36.78% |
| 2020 | 13.1 | 37.38% |
| 2019 | 9.54 | -12.89% |
| 2018 | 11.0 | -18.16% |
| 2017 | 13.4 | 7.98% |
| 2016 | 12.4 | -12.29% |
| 2015 | 14.1 | 20.63% |
| 2014 | 11.7 | -15.65% |
| 2013 | 13.9 | 63.96% |
| 2012 | 8.47 | 23.57% |
| 2011 | 6.85 | -17.99% |
| 2010 | 8.36 | -54.26% |
| 2009 | 18.3 | 12.07% |
| 2008 | 16.3 | 44.58% |
| 2007 | 11.3 | -33.47% |
| 2006 | 16.9 | 34.03% |
| 2005 | 12.6 | 533.05% |
| 2004 | 2.00 |
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.