According to gremz, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0054. At the end of 2024 the company had a P/E ratio of 14.2.
Year | P/E ratio | Change |
---|---|---|
2024 | 14.2 | -33.63% |
2023 | 21.4 | -9.43% |
2022 | 23.6 | -37.63% |
2021 | 37.8 | 154.62% |
2020 | 14.8 | -26.84% |
2019 | 20.3 | -4.45% |
2018 | 21.2 | 96.19% |
2017 | 10.8 | 17.99% |
2016 | 9.17 | -34.77% |
2015 | 14.1 | -38.59% |
2014 | 22.9 | 369.6% |
2013 | 4.88 | -80.43% |
2012 | 24.9 | 312.02% |
2011 | 6.05 | -25.28% |
2010 | 8.09 | -18.14% |
2009 | 9.89 |
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.