Galenica
GALE.SW
#2648
Rank
HK$36.92 B
Marketcap
HK$741.01
Share price
1.11%
Change (1 day)
15.80%
Change (1 year)

P/E ratio for Galenica (GALE.SW)

P/E ratio at the end of 2022: 23.8

According to Galenica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.7808. At the end of 2022 the company had a P/E ratio of 23.8.

P/E ratio history for Galenica from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202223.813.44%
202121.023.98%
202016.9-34.51%
201925.860.84%
201816.0-29.25%
201722.7

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.