Generation Development Group
GDG.AX
#5996
Rank
NZ$1.41 B
Marketcap
$4.72
Share price
5.17%
Change (1 day)
153.54%
Change (1 year)

P/E ratio for Generation Development Group (GDG.AX)

P/E ratio at the end of 2023: 49.3

According to Generation Development Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 168.877. At the end of 2023 the company had a P/E ratio of 49.3.

P/E ratio history for Generation Development Group from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202349.3-55.31%
2022110140.34%
202145.9-201.49%
2020-45.2-511.64%
201911.0-96.39%
20183045.92%
20172871453.8%
201618.5-138.75%
2015-47.738.31%
2014-34.5-1560.46%
20132.36-601.44%
2012-0.4707-129.62%
20111.59-172.77%
2010-2.1878.2%
2009-1.23-100.34%
2008357

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.