GTI Energy
GTR.AX
#10147
Rank
HK$57.86 M
Marketcap
HK$0.01953
Share price
33.33%
Change (1 day)
-75.02%
Change (1 year)

P/E ratio for GTI Energy (GTR.AX)

P/E ratio at the end of 2021: -10.4

According to GTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.85057. At the end of 2021 the company had a P/E ratio of -10.4.

P/E ratio history for GTI Energy from 2008 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-10.478.59%
2020-5.8088.14%
2019-3.09-138.17%
20188.08-718.14%
2017-1.31-52.38%
2016-2.7533.81%
2015-2.0521.71%
2014-1.699.51%
2013-1.5425.39%
2012-1.23-61.65%
2011-3.2067.47%
2010-1.9141.52%
2009-1.3548.38%
2008-0.9106

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.