Gooch & Housego
GHH.L
#8699
Rank
โ‚น11.69 B
Marketcap
โ‚น453.65
Share price
-4.44%
Change (1 day)
-35.39%
Change (1 year)

P/E ratio for Gooch & Housego (GHH.L)

P/E ratio at the end of 2023: 31.3

According to Gooch & Housego's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2657.62. At the end of 2023 the company had a P/E ratio of 31.3.

P/E ratio history for Gooch & Housego from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202331.3-138.5%
2022-81.3-191.96%
202188.536.95%
202064.6-18.39%
201979.235.87%
201858.361.01%
201736.29.85%
201632.946.07%
201522.5-1.38%
201422.949.17%
201315.311.23%
201213.869.89%
20118.11-29.23%
201011.5-42.34%
200919.9154.18%
20087.82-45.29%
200714.327.88%
200611.2-6.72%
200512.044.13%
20048.31-39.69%
200313.873.11%
20027.966.05%
20017.51

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.