P/E ratio for Gooch & Housego (GHH.L)
P/E ratio at the end of 2023: 32.6
According to Gooch & Housego's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2906.47. At the end of 2023 the company had a P/E ratio of 32.6.
P/E ratio history for Gooch & Housego from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 32.6 | -138.5% |
| 2022 | -84.6 | -191.96% |
| 2021 | 92.1 | 36.95% |
| 2020 | 67.2 | -18.39% |
| 2019 | 82.4 | 35.87% |
| 2018 | 60.6 | 61.01% |
| 2017 | 37.7 | 9.85% |
| 2016 | 34.3 | 46.07% |
| 2015 | 23.5 | -1.38% |
| 2014 | 23.8 | 49.17% |
| 2013 | 16.0 | 11.23% |
| 2012 | 14.3 | 69.89% |
| 2011 | 8.44 | -29.23% |
| 2010 | 11.9 | -42.34% |
| 2009 | 20.7 | 154.18% |
| 2008 | 8.14 | -45.29% |
| 2007 | 14.9 | 27.88% |
| 2006 | 11.6 | -6.72% |
| 2005 | 12.5 | 44.13% |
| 2004 | 8.65 | -39.69% |
| 2003 | 14.3 | 73.11% |
| 2002 | 8.29 | 6.05% |
| 2001 | 7.81 |
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.