Gamma Communications
GAMA.L
#4350
Rank
NZ$3.31 B
Marketcap
$34.62
Share price
0.00%
Change (1 day)
53.09%
Change (1 year)

P/E ratio for Gamma Communications (GAMA.L)

P/E ratio at the end of 2021: 28.5

According to Gamma Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2693.48. At the end of 2021 the company had a P/E ratio of 28.5.

P/E ratio history for Gamma Communications from 2014 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202128.522.97%
202023.2-36.01%
201936.241.82%
201825.51.03%
201725.30.44%
201625.236.9%
201518.4-3%
201418.9

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.