Generation Development Group
GDG.AX
#6104
Rank
HK$5.68 B
Marketcap
HK$18.64
Share price
-0.54%
Change (1 day)
115.03%
Change (1 year)

P/E ratio for Generation Development Group (GDG.AX)

P/E ratio at the end of 2023: 51.7

According to Generation Development Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 151.725. At the end of 2023 the company had a P/E ratio of 51.7.

P/E ratio history for Generation Development Group from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202351.7-55.31%
2022116140.34%
202148.1-201.49%
2020-47.4-511.64%
201911.5-96.39%
20183195.92%
20173011453.8%
201619.4-138.75%
2015-50.038.31%
2014-36.2-1560.46%
20132.48-601.44%
2012-0.4937-129.62%
20111.67-172.77%
2010-2.2978.2%
2009-1.29-100.34%
2008374

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.