According to Gala Incorporated's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.2272. At the end of 2024 the company had a P/E ratio of -7.33.
Year | P/E ratio | Change |
---|---|---|
2024 | -7.33 | -123.98% |
2023 | 30.6 | -251.57% |
2022 | -20.2 | -61.12% |
2021 | -51.9 | 503.62% |
2020 | -8.59 | -55.19% |
2019 | -19.2 | 2.43% |
2018 | -18.7 | 61.43% |
2017 | -11.6 | -32.91% |
2016 | -17.3 | -49.52% |
2015 | -34.2 | 345.46% |
2014 | -7.69 | 1171.36% |
2013 | -0.6045 | -83.81% |
2012 | -3.73 | -58.93% |
2011 | -9.09 | -120.64% |
2010 | 44.0 | 320.35% |
2009 | 10.5 | -264.43% |
2008 | -6.37 |
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.