G8 Education
GEM.AX
#9548
Rank
$85.66 M
Marketcap
$0.11
Share price
-8.82%
Change (1 day)
-86.12%
Change (1 year)
Categories

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

P/E ratio at the end of 2024: 17.4

According to G8 Education's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.13001. At the end of 2024 the company had a P/E ratio of 17.4.

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

PE ratio at the end of each year

Year P/E ratio Change
202417.44.59%
202316.6-30.56%
202223.935.03%
202117.7-564.79%
2020-3.81-131.94%
201911.9-18.02%
201814.515.66%
201712.63.62%
201612.124.3%
20159.76-31.28%
201414.24.56%
201313.687.59%
20127.24211.11%
20112.33-71.5%
20108.17-131.27%
2009-26.112878.14%
2008-0.2013-96.81%
2007-6.31

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.