GoodRx
GDRX
#4442
Rank
NZ$3.10 B
Marketcap
$8.19
Share price
-2.98%
Change (1 day)
-11.50%
Change (1 year)

P/E ratio for GoodRx (GDRX)

P/E ratio as of November 2024 (TTM): 199

According to GoodRx's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 198.532. At the end of 2022 the company had a P/E ratio of -59.6.

P/E ratio history for GoodRx from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-59.6-89.81%
2021-5851138.37%
2020-47.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.50-98.24%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.