P/E ratio for Gudang Garam (GGRM.JK)
P/E ratio as of April 2024 (TTM): 6.74
According to Gudang Garam 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.7362. At the end of 2021 the company had a P/E ratio of 10.5.
P/E ratio history for Gudang Garam from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.5 | 1.84% |
| 2020 | 10.3 | 10.05% |
| 2019 | 9.37 | -54.61% |
| 2018 | 20.6 | -0.7% |
| 2017 | 20.8 | 12.92% |
| 2016 | 18.4 | 12% |
| 2015 | 16.4 | -23.88% |
| 2014 | 21.6 | 15.72% |
| 2013 | 18.7 | -29.84% |
| 2012 | 26.6 | 9.08% |
| 2011 | 24.4 | 31.41% |
| 2010 | 18.6 | 54.69% |
| 2009 | 12.0 | 175.83% |
| 2008 | 4.35 | -61.39% |
| 2007 | 11.3 | -42.12% |
| 2006 | 19.5 | 64.08% |
| 2005 | 11.9 |
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.