P/E ratio for Gilat Satellite Networks (GILT)
P/E ratio as of June 2024 (TTM): 55.1
According to Gilat Satellite Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.05. At the end of 2022 the company had a P/E ratio of -58.0.
P/E ratio history for Gilat Satellite Networks from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -58.0 | -57.62% |
| 2021 | -137 | -1401.29% |
| 2020 | 10.5 | -13.26% |
| 2019 | 12.1 | -55% |
| 2018 | 26.9 | -54.75% |
| 2017 | 59.5 | -242.61% |
| 2016 | -41.8 | 1329.74% |
| 2015 | -2.92 | -98.08% |
| 2014 | -152 | 1262.72% |
| 2013 | -11.2 | 15.42% |
| 2012 | -9.68 | -63.36% |
| 2011 | -26.4 | -495.97% |
| 2010 | 6.67 | -92.86% |
| 2009 | 93.5 | -170.65% |
| 2008 | -132 | -429.73% |
| 2007 | 40.1 | 84.18% |
| 2006 | 21.8 | -137.37% |
| 2005 | -58.3 | 390.97% |
| 2004 | -11.9 | -210096.09% |
| 2003 | 0.0057 | -301.9% |
| 2002 | -0.0028 | -85.13% |
| 2001 | -0.0188 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 24.5 | -55.44% | 🇺🇸 USA |
 ViaSat VSAT | 1.20 | -97.82% | 🇺🇸 USA |
 Comtech Telecommunications CMTL | -1.89 | -103.43% | 🇺🇸 USA |
 Ceragon Networks CRNT | > 1000 | 2,733,097,184,377,838,080.00% | 🇮🇱 Israel |
 Globalstar
GSAT | -137 | -349.38% | 🇺🇸 USA |
 EchoStar SATS | 13.8 | -74.92% | 🇺🇸 USA |
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.