P/E ratio for Goodman Group (GMG.AX)
P/E ratio at the end of 2022: 14.4
According to Goodman Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5233. At the end of 2022 the company had a P/E ratio of 14.4.
P/E ratio history for Goodman Group from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.4 | -36.01% |
| 2021 | 22.6 | -14.99% |
| 2020 | 26.5 | 10.11% |
| 2019 | 24.1 | 13.27% |
| 2018 | 21.3 | -12.49% |
| 2017 | 24.3 | 83.96% |
| 2016 | 13.2 | 11.77% |
| 2015 | 11.8 | -15.91% |
| 2014 | 14.1 | -74.18% |
| 2013 | 54.5 | 311.04% |
| 2012 | 13.3 | 19.46% |
| 2011 | 11.1 | -244.4% |
| 2010 | -7.68 | 649.97% |
| 2009 | -1.02 | -105.15% |
| 2008 | 19.9 | -2.61% |
| 2007 | 20.4 | -13.71% |
| 2006 | 23.7 | -71.77% |
| 2005 | 83.8 |
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.