Global Net Lease
GNL
#4620
Rank
C$2.39 B
Marketcap
$10.27
Share price
1.10%
Change (1 day)
-14.08%
Change (1 year)

P/E ratio for Global Net Lease (GNL)

P/E ratio as of November 2024 (TTM): -16.8

According to Global Net Lease 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.7614. At the end of 2022 the company had a P/E ratio of -140.

P/E ratio history for Global Net Lease from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-14091.95%
2021-72.8-57.55%
2020-171-438.07%
201950.7-94.82%
20189791374.68%
201766.4131.75%
201628.6-98.91%
2015> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
83.5-598.05%๐Ÿ‡บ๐Ÿ‡ธ USA
160-1,057.05%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6-253.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-107 537.56%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.