Gamma Communications
GAMA.L
#4178
Rank
HK$16.58 B
Marketcap
HK$173.30
Share price
-0.12%
Change (1 day)
54.95%
Change (1 year)

P/E ratio for Gamma Communications (GAMA.L)

P/E ratio at the end of 2021: 28.9

According to Gamma Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2946.37. At the end of 2021 the company had a P/E ratio of 28.9.

P/E ratio history for Gamma Communications from 2014 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202128.922.97%
202023.5-36.01%
201936.841.82%
201825.91.03%
201725.70.44%
201625.636.9%
201518.7-3%
201419.2

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.