Grammer AG
GMM.DE
#8923
Rank
HK$0.65 B
Marketcap
HK$44.04
Share price
-6.09%
Change (1 day)
-59.36%
Change (1 year)

P/E ratio for Grammer AG (GMM.DE)

P/E ratio as of November 2024 (TTM): 31.0

According to Grammer AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.9674. At the end of 2022 the company had a P/E ratio of -2.01.

P/E ratio history for Grammer AG from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022-2.01-100.89%
2021224-5850.31%
2020-3.90-143.52%
20198.97-55.1%
201820.02.83%
201719.463.77%
201611.9-8.84%
201513.021.63%
201410.7-17.61%
201313.088.47%
20126.896.84%
20116.45-43.65%
201011.4-623.67%
2009-2.18-143.68%
20085.00-46.42%
20079.33-24.38%
200612.3-0.25%
200512.40.81%
200412.3-32.23%
200318.1

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.