G8 Education
GEM.AX
#7661
Rank
A$0.54 B
Marketcap
A$0.67
Share price
-0.74%
Change (1 day)
-49.80%
Change (1 year)
Categories

P/E ratio for G8 Education (GEM.AX)

P/E ratio at the end of 2024: 16.9

According to G8 Education's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.01217. At the end of 2024 the company had a P/E ratio of 16.9.

P/E ratio history for G8 Education from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416.94.59%
202316.2-30.56%
202223.335.03%
202117.3-564.79%
2020-3.71-131.94%
201911.6-18.02%
201814.215.66%
201712.33.62%
201611.824.3%
20159.52-31.28%
201413.94.56%
201313.287.59%
20127.06211.11%
20112.27-71.5%
20107.97-131.27%
2009-25.512878.14%
2008-0.1963-96.81%
2007-6.16

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.