G2 Goldfields
GTWO.TO
#7427
Rank
NZ$0.57 B
Marketcap
$2.40
Share price
1.04%
Change (1 day)
174.68%
Change (1 year)

P/E ratio for G2 Goldfields (GTWO.TO)

P/E ratio as of December 2024 (TTM): -87.9

According to G2 Goldfields's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -87.9119. At the end of 2023 the company had a P/E ratio of -25.7.

P/E ratio history for G2 Goldfields from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-25.7-15.85%
2022-30.5533.02%
2021-4.82-92.23%
2020-62.0359.26%
2019-13.5125%
2018-6.000%
2017-6.0020%
2016-5.00-211.11%
20154.50-34300%
2014-0.0132-45.75%
2013-0.0243-94.17%
2012-0.4159-66.14%
2011-1.23

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.