Grosvenor Capital Management
GCMG
#4203
Rank
ยฃ1.60 B
Marketcap
ยฃ8.56
Share price
-1.06%
Change (1 day)
34.91%
Change (1 year)

P/E ratio for Grosvenor Capital Management (GCMG)

P/E ratio as of September 2024 (TTM): 45.3

According to Grosvenor Capital Management's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.3. At the end of 2022 the company had a P/E ratio of 16.9.

P/E ratio history for Grosvenor Capital Management from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.9-20.95%
202121.4-70.47%
202072.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-43.7-196.55%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.