Ferroglobe
GSM
#5813
Rank
โ‚น66.20 B
Marketcap
โ‚น352.35
Share price
-2.26%
Change (1 day)
-20.33%
Change (1 year)

P/E ratio for Ferroglobe (GSM)

P/E ratio as of September 2024 (TTM): 4.42

According to Ferroglobe 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.42021. At the end of 2022 the company had a P/E ratio of 1.57.

P/E ratio history for Ferroglobe from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.57-116.63%
2021-9.41542.57%
2020-1.46158.59%
2019-0.5663-108.55%
20186.63
2016-5.47

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.1 535.41%๐Ÿ‡บ๐Ÿ‡ธ USA
64.2 1,352.98%๐Ÿ‡บ๐Ÿ‡ธ USA
32.2 628.46%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3 269.42%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.