P/E ratio for GTL Infrastructure (GTLINFRA.NS)
P/E ratio as of May 2024 (TTM): -1.23
According to GTL Infrastructure's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.23399. At the end of 2022 the company had a P/E ratio of -0.8054.
P/E ratio history for GTL Infrastructure from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.8054 | -61.27% |
| 2021 | -2.08 | 268.71% |
| 2020 | -0.5639 | 76.22% |
| 2019 | -0.3200 | -16% |
| 2018 | -0.3810 | -99.09% |
| 2017 | -42.1 | 2327.94% |
| 2016 | -1.73 | 58.74% |
| 2015 | -1.09 | 37.32% |
| 2014 | -0.7947 | 36.53% |
| 2013 | -0.5821 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 127 | -10,402.43% | 🇺🇸 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.