Gateway Real Estate
GTY.F
#8697
Rank
HK$0.84 B
Marketcap
HK$4.48
Share price
-4.35%
Change (1 day)
-41.91%
Change (1 year)

P/E ratio for Gateway Real Estate (GTY.F)

P/E ratio as of November 2024 (TTM): -2.11

According to Gateway Real Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.11382. At the end of 2022 the company had a P/E ratio of -19.9.

P/E ratio history for Gateway Real Estate from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-19.9-310.5%
20219.4550.68%
20206.27727.75%
20190.7580123.8%
20180.3387

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.