Growthpoint Properties Australia
GOZ.AX
#5281
Rank
A$1.73 B
Marketcap
$2.30
Share price
0.88%
Change (1 day)
-4.44%
Change (1 year)

P/E ratio for Growthpoint Properties Australia (GOZ.AX)

P/E ratio at the end of 2023: -7.85

According to Growthpoint Properties Australia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.91665. At the end of 2023 the company had a P/E ratio of -7.85.

P/E ratio history for Growthpoint Properties Australia from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-7.85-252.59%
20225.1513.77%
20214.52-43.92%
20208.0617.46%
20196.8725.52%
20185.47-9.09%
20176.02-7.52%
20166.5133.51%
20154.87-19.46%
20146.05-7.07%
20136.51-19.57%
20128.0963.21%
20114.9633.27%
20103.72-2057.87%
2009-0.1901-108.93%
20082.13-106.96%
2007-30.6

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.