According to GMR Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -131.918. At the end of 2022 the company had a P/E ratio of 209.
Year | P/E ratio | Change |
---|---|---|
2022 | 209 | -1505.99% |
2021 | -14.9 | 247.36% |
2020 | -4.28 | 46.57% |
2019 | -2.92 | -56.68% |
2018 | -6.75 | -24.38% |
2017 | -8.92 | 194.52% |
2016 | -3.03 | -10.75% |
2015 | -3.39 | -69.69% |
2014 | -11.2 | -25.33% |
2013 | -15.0 | 89.24% |
2012 | -7.92 |
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.