GTI Energy
GTR.AX
#9488
Rank
โ‚น0.57 B
Marketcap
โ‚น0.22
Share price
-20.00%
Change (1 day)
-73.02%
Change (1 year)

P/E ratio for GTI Energy (GTR.AX)

P/E ratio at the end of 2021: -11.1

According to GTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.96819. At the end of 2021 the company had a P/E ratio of -11.1.

P/E ratio history for GTI Energy from 2008 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-11.178.59%
2020-6.2388.14%
2019-3.31-138.17%
20188.68-718.14%
2017-1.40-52.38%
2016-2.9533.81%
2015-2.2021.71%
2014-1.819.51%
2013-1.6525.39%
2012-1.32-61.65%
2011-3.4467.47%
2010-2.0541.52%
2009-1.4548.38%
2008-0.9776

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.