Gannett
GCI
#6030
Rank
โ‚น63.23 B
Marketcap
โ‚น428.97
Share price
0.00%
Change (1 day)
107.97%
Change (1 year)

P/E ratio for Gannett (GCI)

P/E ratio as of December 2024 (TTM): -29.6

According to Gannett's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -29.6471. At the end of 2022 the company had a P/E ratio of -3.63.

P/E ratio history for Gannett from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.63-31.31%
2021-5.28699.44%
2020-0.6601-84.89%
2019-4.37-111.71%
201837.3-104.45%
2017-839-3720.45%
201623.279.82%
201512.9-109.27%
2014-139

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
49.5-266.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.2583-99.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.1 55.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.10-69.32%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7-176.69%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.