GCT Semiconductor
GCTS
#8660
Rank
$0.11 B
Marketcap
$2.37
Share price
6.28%
Change (1 day)
-77.54%
Change (1 year)

P/E ratio for GCT Semiconductor (GCTS)

P/E ratio at the end of 2023: -20.6

According to GCT Semiconductor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.47553. At the end of 2023 the company had a P/E ratio of -20.6.

P/E ratio history for GCT Semiconductor from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-20.6143.17%
2022-8.4929.07%
2021-6.58

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.