GPI S.p.A.
GPI.MI
#6980
Rank
NZ$0.91 B
Marketcap
NZ$31.76
Share price
-1.83%
Change (1 day)
N/A
Change (1 year)

P/E ratio for GPI S.p.A. (GPI.MI)

P/E ratio at the end of 2024: 2.93

According to GPI S.p.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.95239. At the end of 2024 the company had a P/E ratio of 2.93.

P/E ratio history for GPI S.p.A. from 2016 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20242.93-93.79%
202347.228.76%
202236.765.46%
202122.2178.52%
20207.96-27.55%
201911.02%
201810.8-35%
201716.6-11.26%
201618.7

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.