Great-West Lifeco
GWO.TO
#645
Rank
C$43.89 B
Marketcap
$47.14
Share price
0.90%
Change (1 day)
10.90%
Change (1 year)

P/E ratio for Great-West Lifeco (GWO.TO)

P/E ratio as of December 2024 (TTM): 14.8

According to Great-West Lifeco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7779. At the end of 2022 the company had a P/E ratio of 7.54.

P/E ratio history for Great-West Lifeco from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.54-33.13%
202111.317.94%
20209.57-28.33%
201913.341.85%
20189.41-41.75%
201716.222.54%
201613.25.94%
201512.4-5.61%
201413.2-5.77%
201314.09.28%
201212.833.55%
20119.59-38.12%
201015.5-0.81%
200915.617.71%
200813.3-14.09%
200715.4-3.86%
200616.12.3%
200515.75.54%
200414.9-3.53%
200315.44.76%
200214.7

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.