Gladstone Commercial
GOOD
#6010
Rank
NZ$1.27 B
Marketcap
$28.70
Share price
-1.58%
Change (1 day)
33.13%
Change (1 year)

P/E ratio for Gladstone Commercial (GOOD)

P/E ratio as of November 2024 (TTM): -64.6

According to Gladstone Commercial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -64.5769. At the end of 2022 the company had a P/E ratio of -231.

P/E ratio history for Gladstone Commercial from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-231-1.29%
2021-234-211.93%
2020209-253.19%
2019-137-115.25%
2018896-865.81%
2017-117-6.87%
2016-126-39.73%
2015-208689.04%
2014-26.4-66.19%
2013-78.1-78%
2012-355-423.75%
2011110-41.75%
2010188-15.75%
2009224162.94%
200885.016.31%
200773.11.61%
200671.9104.89%
200535.1-56.89%
200481.4-187.72%
2003-92.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.24-112.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.5-79.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.34-108.27%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2-135.93%๐Ÿ‡บ๐Ÿ‡ธ USA
91.9-242.28%๐Ÿ‡บ๐Ÿ‡ธ USA
68.2-205.59%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.