Gladstone Land
LAND
#6745
Rank
HK$3.63 B
Marketcap
HK$100.37
Share price
-3.51%
Change (1 day)
-5.63%
Change (1 year)

P/E ratio for Gladstone Land (LAND)

P/E ratio as of November 2024 (TTM): -43.0

According to Gladstone Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -43.0367. At the end of 2022 the company had a P/E ratio of -43.7.

P/E ratio history for Gladstone Land from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-43.7-62.47%
2021-11666.99%
2020-69.7-30.12%
2019-99.8-221.67%
201882.0-101.57%
2017< -1000-1642.65%
2016339172.38%
2015124-119.52%
2014-637665.3%
2013-83.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
132-406.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-49.5 14.98%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-150.77%๐Ÿ‡บ๐Ÿ‡ธ USA
32.7-176.05%๐Ÿ‡บ๐Ÿ‡ธ 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.