GrainCorp
GNC.AX
#5562
Rank
$0.95 B
Marketcap
$4.31
Share price
0.44%
Change (1 day)
-20.98%
Change (1 year)

P/E ratio for GrainCorp (GNC.AX)

P/E ratio at the end of 2022: 4.50

According to GrainCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.94011. At the end of 2022 the company had a P/E ratio of 4.50.

P/E ratio history for GrainCorp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.50-49.97%
20218.99297.25%
20202.26-123.06%
2019-9.81-168.21%
201814.487.98%
20177.65-74.87%
201630.5-16.08%
201536.3101.73%
201418.0108.92%
20138.61154.49%
20123.38-1.06%
20113.42-55.67%
20107.7163.02%
20094.73-136.96%
2008-12.8-1.13%
2007-13.0-333.04%
20065.56-90.12%
200556.2253.25%
200415.9-191.72%
2003-17.4-390.46%
20025.97-24.14%
20017.88

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.