Siemens Gamesa
GCTAF
#1338
Rank
$12.93 B
Marketcap
$14.70
Share price
0.00%
Change (1 day)
-18.56%
Change (1 year)

P/E ratio for Siemens Gamesa (GCTAF)

P/E ratio as of March 2024 (TTM): -4.63

According to Siemens Gamesa's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.63423. At the end of 2022 the company had a P/E ratio of -12.9.

P/E ratio history for Siemens Gamesa from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-12.9-45.78%
2021-23.840.8%
2020-16.9-128.62%
201959.0-43.91%
2018105
201617.8-31.14%
201525.918.79%
201421.8-48.28%
201342.1-6412%
2012-0.6669-104.4%
201115.1-44.11%
201027.110.86%
200924.4154.82%
20089.59-72.41%
200734.8113.22%
200616.3-26.49%
200522.252.87%
200414.5313.73%
20033.51

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.2-1,075.07%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.