GTI Energy
GTR.AX
#10582
Rank
C$0.34 M
Marketcap
C$0.003607
Share price
0.00%
Change (1 day)
-97.44%
Change (1 year)

P/E ratio for GTI Energy (GTR.AX)

P/E ratio at the end of 2023: -381

According to GTI Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.76862. At the end of 2023 the company had a P/E ratio of -381.

P/E ratio history for GTI Energy from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-38118.09%
2022-323-28.65%
2021-45286.36%
2020-24388.12%
2019-129-138.17%
2018338-718.54%
2017-54.7-52.42%
2016-11533.83%
2015-85.821.71%
2014-70.59.51%
2013-64.425.4%
2012-51.4-61.48%
2011-13366.72%
2010-80.041.52%
2009-56.548.38%
2008-38.1

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.