Gurit Holding
GURN.SW
#9245
Rank
$72.54 M
Marketcap
$15.46
Share price
1.28%
Change (1 day)
-76.85%
Change (1 year)

P/E ratio for Gurit Holding (GURN.SW)

P/E ratio at the end of 2023: 52.1

According to Gurit Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.17317. At the end of 2023 the company had a P/E ratio of 52.1.

P/E ratio history for Gurit Holding from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202352.12.76%
202250.7-28.23%
202170.7168.43%
202026.314.56%
201923.0-4.15%
201824.03.23%
201723.229.83%
201617.927.32%
201514.0-27.34%
201419.3-99.04%
2013> 100014599.94%
201213.741.64%
20119.67-20.07%
201012.1-25.06%
200916.14.85%
200815.4-97.78%
20076932637.77%
200625.3-178.85%
2005-32.1-185.93%
200437.447.5%
200325.362.05%
200215.6

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.