According to Gav-Yam Lands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.25119. At the end of 2023 the company had a P/E ratio of 12.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.9 | 112.32% |
2022 | 6.09 | -5.07% |
2021 | 6.41 | -66.02% |
2020 | 18.9 | 65.84% |
2019 | 11.4 | -99.11% |
2018 | > 1000 | 13107.46% |
2017 | 9.71 | 20.86% |
2016 | 8.04 | -11.26% |
2015 | 9.06 | -16.69% |
2014 | 10.9 | 10.63% |
2013 | 9.83 | 25.54% |
2012 | 7.83 | |
2009 | 8.57 | 11.18% |
2008 | 7.70 | -44.75% |
2007 | 13.9 | -41.58% |
2006 | 23.9 | -30.23% |
2005 | 34.2 | 94.01% |
2004 | 17.6 |
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.