GrainCorp
GNC.AX
#5578
Rank
S$1.24 B
Marketcap
$5.61
Share price
0.91%
Change (1 day)
-25.80%
Change (1 year)

P/E ratio for GrainCorp (GNC.AX)

P/E ratio at the end of 2022: 4.61

According to GrainCorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.91184. At the end of 2022 the company had a P/E ratio of 4.61.

P/E ratio history for GrainCorp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.61-49.97%
20219.21297.25%
20202.32-123.06%
2019-10.1-168.21%
201814.787.98%
20177.85-74.87%
201631.2-16.08%
201537.2101.73%
201418.4108.92%
20138.83154.49%
20123.47-1.06%
20113.51-55.67%
20107.9163.02%
20094.85-136.96%
2008-13.1-1.13%
2007-13.3-333.04%
20065.70-90.12%
200557.6253.25%
200416.3-191.72%
2003-17.8-390.46%
20026.13-24.14%
20018.07

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.