Gravity Co.
GRVY
#6947
Rank
HK$3.54 B
Marketcap
HK$510.51
Share price
-0.12%
Change (1 day)
-7.45%
Change (1 year)

P/E ratio for Gravity Co. (GRVY)

P/E ratio as of December 2024 (TTM): 4.58

According to Gravity Co.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.57846. At the end of 2022 the company had a P/E ratio of 4.34.

P/E ratio history for Gravity Co. from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.34-47.62%
20218.29-64.36%
202023.3208.64%
20197.53-26.65%
201810.3-62.47%
201727.4-77.55%
2016122-16381.05%
2015-0.7490-12.46%
2014-0.8555-41.61%
2013-1.47-53.58%
2012-3.16-202.36%
20113.08-78.91%
201014.664.65%
20098.88147.89%
20083.58-203.94%
2007-3.45-58.88%
2006-8.38-175.37%
200511.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
39.2 756.43%๐Ÿ‡บ๐Ÿ‡ธ USA
34.1 644.50%๐Ÿ‡บ๐Ÿ‡ธ USA
42.4 826.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-90.9-2,085.14%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.