2G Energy AG
2GB.DE
#7028
Rank
NZ$0.74 B
Marketcap
$41.53
Share price
-0.66%
Change (1 day)
7.37%
Change (1 year)

P/E ratio for 2G Energy AG (2GB.DE)

P/E ratio at the end of 2022: 25.8

According to 2G Energy AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 25.8.

P/E ratio history for 2G Energy AG from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202225.8-29.58%
202136.610.03%
202033.372.59%
201919.354.16%
201812.5-20.19%
201715.7-65.35%
201645.231.04%
201534.5205.47%
201411.3-91.49%
2013133962.75%
201212.563.84%
20117.62-6.51%
20108.15-76.71%
200935.0

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.