GreenTree Hospitality
GHG
#7430
Rank
NZ$0.49 B
Marketcap
$4.86
Share price
-1.52%
Change (1 day)
-34.70%
Change (1 year)

P/E ratio for GreenTree Hospitality (GHG)

P/E ratio as of November 2024 (TTM): 7.62

According to GreenTree Hospitality's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.61765. At the end of 2021 the company had a P/E ratio of 25.1.

P/E ratio history for GreenTree Hospitality from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202125.1-30.17%
202035.9105.89%
201917.4-23.6%
201822.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.2 335.68%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.