P/E ratio for Getlink (GET.PA)
P/E ratio at the end of 2021: -32.0
According to Getlink's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -34.1588. At the end of 2021 the company had a P/E ratio of -32.0.
P/E ratio history for Getlink from 2007 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -32.0 | -46.66% |
| 2020 | -60.0 | -220.1% |
| 2019 | 49.9 | 6.96% |
| 2018 | 46.7 | 2.06% |
| 2017 | 45.7 | 83.33% |
| 2016 | 25.0 | -57.36% |
| 2015 | 58.5 | -31.38% |
| 2014 | 85.3 | 173.29% |
| 2013 | 31.2 | -61.5% |
| 2012 | 81.0 | -62.88% |
| 2011 | 218 | -590.03% |
| 2010 | -44.5 | -109.1% |
| 2009 | 489 | 5444.69% |
| 2008 | 8.83 | 11543.33% |
| 2007 | 0.0758 |
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.