Gannett
GCI
#5992
Rank
โ‚น56.58 B
Marketcap
โ‚น383.40
Share price
-4.59%
Change (1 day)
66.44%
Change (1 year)

P/E ratio for Gannett (GCI)

P/E ratio as of September 2024 (TTM): -27.0

According to Gannett's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -26.9706. 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
49.6-283.86%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.2479-99.08%๐Ÿ‡บ๐Ÿ‡ธ USA
-38.2 41.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.82-82.11%๐Ÿ‡บ๐Ÿ‡ธ USA
18.2-167.60%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.