P/E ratio for GrainCorp (GNC.AX)
P/E ratio at the end of 2022: 4.52
According to GrainCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.00051. At the end of 2022 the company had a P/E ratio of 4.52.
P/E ratio history for GrainCorp from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.52 | -49.97% |
| 2021 | 9.04 | 297.25% |
| 2020 | 2.27 | -123.06% |
| 2019 | -9.87 | -168.21% |
| 2018 | 14.5 | 87.98% |
| 2017 | 7.69 | -74.87% |
| 2016 | 30.6 | -16.08% |
| 2015 | 36.5 | 101.73% |
| 2014 | 18.1 | 108.92% |
| 2013 | 8.66 | 154.49% |
| 2012 | 3.40 | -1.06% |
| 2011 | 3.44 | -55.67% |
| 2010 | 7.76 | 63.02% |
| 2009 | 4.76 | -136.96% |
| 2008 | -12.9 | -1.13% |
| 2007 | -13.0 | -333.04% |
| 2006 | 5.59 | -90.12% |
| 2005 | 56.5 | 253.25% |
| 2004 | 16.0 | -191.72% |
| 2003 | -17.4 | -390.46% |
| 2002 | 6.01 | -24.14% |
| 2001 | 7.92 |
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.