2G Energy AG
2GB.DE
#6509
Rank
C$1.02 B
Marketcap
C$56.99
Share price
-1.81%
Change (1 day)
64.28%
Change (1 year)

P/E ratio for 2G Energy AG (2GB.DE)

P/E ratio at the end of 2023: 22.4

According to 2G Energy AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 22.4.

P/E ratio history for 2G Energy AG from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202322.4-11.5%
202225.3-29.26%
202135.810.59%
202032.473.76%
201918.655.9%
201812.0-18.62%
201714.7-64.72%
201641.633.82%
201531.1211.17%
201410.00-91.38%
2013116973.34%
201210.865.85%
20116.52-6.51%
20106.97-76.71%
200929.9

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.