Green Plains Partners
GPP
#7508
Rank
NZ$0.49 B
Marketcap
$21.07
Share price
0.00%
Change (1 day)
1.26%
Change (1 year)

P/E ratio for Green Plains Partners (GPP)

P/E ratio on March 12, 2024 (TTM): 7.60

According to Green Plains Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.59877. At the end of 2022 the company had a P/E ratio of 7.53.

P/E ratio history for Green Plains Partners from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.53-9.26%
20218.3082.79%
20204.54-42.47%
20197.903.59%
20187.62-26.21%
201710.3-8.69%
201611.3-50.57%
201522.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.0 44.76%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6 184.47%๐Ÿ‡บ๐Ÿ‡ธ USA
-28.5-475.06%๐Ÿ‡บ๐Ÿ‡ธ USA

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.