Great Lakes Dredge & Dock Corp.
GLDD
#5780
Rank
$0.85 B
Marketcap
$12.69
Share price
2.50%
Change (1 day)
100.16%
Change (1 year)

P/E ratio for Great Lakes Dredge & Dock Corp. (GLDD)

P/E ratio as of November 2024 (TTM): -19.8

According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.8281. At the end of 2022 the company had a P/E ratio of -11.7.

P/E ratio history for Great Lakes Dredge & Dock Corp. from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-11.7-156.4%
202120.760.2%
202012.9-11.11%
201914.5-121.94%
2018-66.2562%
2017-10.0-69.05%
2016-32.3-22.62%
2015-41.8-187.8%
201447.6-255.07%
2013-30.7-86.26%
2012-223-1264.43%
201119.253.48%
201012.5-40.24%
200920.9-54.67%
200846.1-25.97%
200762.3-969.1%
2006-7.17

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-13.4-32.58%๐Ÿ‡บ๐Ÿ‡ธ USA
34.9-275.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-230 1,059.89%๐Ÿ‡บ๐Ÿ‡ธ USA
110-655.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.71-66.18%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-236.57%๐Ÿ‡บ๐Ÿ‡ธ USA
49.0-347.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.44-62.47%๐Ÿ‡บ๐Ÿ‡ธ USA
29.3-247.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-49.6 150.09%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.