Green Landscaping Group
GREEN.ST
#7270
Rank
NZ$0.64 B
Marketcap
$11.42
Share price
-0.28%
Change (1 day)
9.26%
Change (1 year)

P/E ratio for Green Landscaping Group (GREEN.ST)

P/E ratio as of December 2024 (TTM): 23.2

According to Green Landscaping Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.223. At the end of 2023 the company had a P/E ratio of 18.3.

P/E ratio history for Green Landscaping Group from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202318.3-1.94%
202218.6-61.06%
202147.87.07%
202044.7-74.3%
2019174-213.89%
2018-153

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.