G8 Education
GEM.AX
#8972
Rank
HK$1.07 B
Marketcap
HK$1.39
Share price
8.51%
Change (1 day)
-78.16%
Change (1 year)
Categories

P/E ratio for G8 Education (GEM.AX)

P/E ratio at the end of 2024: 17.0

According to G8 Education's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.34495. At the end of 2024 the company had a P/E ratio of 17.0.

P/E ratio history for G8 Education from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202417.04.59%
202316.3-30.56%
202223.435.03%
202117.3-564.79%
2020-3.73-131.94%
201911.7-18.02%
201814.215.66%
201712.33.62%
201611.924.3%
20159.57-31.28%
201413.94.56%
201313.387.59%
20127.10211.11%
20112.28-71.5%
20108.00-131.27%
2009-25.612878.14%
2008-0.1972-96.81%
2007-6.19

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.