GrainCorp
GNC.AX
#5028
Rank
NZ$2.22 B
Marketcap
$9.90
Share price
-2.02%
Change (1 day)
24.48%
Change (1 year)

P/E ratio for GrainCorp (GNC.AX)

P/E ratio at the end of 2022: 4.76

According to GrainCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.42945. At the end of 2022 the company had a P/E ratio of 4.76.

P/E ratio history for GrainCorp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.76-49.97%
20219.51297.25%
20202.39-123.06%
2019-10.4-168.21%
201815.287.98%
20178.09-74.87%
201632.2-16.08%
201538.4101.73%
201419.0108.92%
20139.11154.49%
20123.58-1.06%
20113.62-55.67%
20108.1663.02%
20095.00-136.96%
2008-13.5-1.13%
2007-13.7-333.04%
20065.88-90.12%
200559.5253.25%
200416.8-191.72%
2003-18.4-390.46%
20026.32-24.14%
20018.33

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.