GTI Energy
GTR.AX
#9839
Rank
NZ$13.06 M
Marketcap
$0.004413
Share price
0.00%
Change (1 day)
-73.50%
Change (1 year)

P/E ratio for GTI Energy (GTR.AX)

P/E ratio at the end of 2021: -11.0

According to GTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.91. At the end of 2021 the company had a P/E ratio of -11.0.

P/E ratio history for GTI Energy from 2008 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-11.078.59%
2020-6.1688.14%
2019-3.28-138.17%
20188.58-718.14%
2017-1.39-52.38%
2016-2.9233.81%
2015-2.1821.71%
2014-1.799.51%
2013-1.6425.39%
2012-1.30-61.65%
2011-3.4067.47%
2010-2.0341.52%
2009-1.4348.38%
2008-0.9671

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.