Global Indemnity
GBLI
#6773
Rank
โ‚น40.41 B
Marketcap
Country
โ‚น2,953
Share price
2.94%
Change (1 day)
3.11%
Change (1 year)

P/E ratio for Global Indemnity (GBLI)

P/E ratio as of November 2024 (TTM): 13.4

According to Global Indemnity's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3588. At the end of 2022 the company had a P/E ratio of -233.

P/E ratio history for Global Indemnity from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-233-1955.15%
202112.6-165.04%
2020-19.3-420.76%
20196.02-166.82%
2018-9.01-88.2%
2017-76.4-675.85%
201613.3-14.05%
201515.436.03%
201411.310.34%
201310.3-40.05%
201217.2-209.87%
2011-15.6-314.55%
20107.2857.59%
20094.62-240.24%
2008-3.29-144.14%
20077.46-20.47%
20069.38-5.98%
20059.98-29.8%
200414.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.48-118.55%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1 110.14%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2 110.75%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-6.96%๐Ÿ‡บ๐Ÿ‡ธ USA
8.10-39.33%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5-6.36%๐Ÿ‡บ๐Ÿ‡ธ USA

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.