Glanbia plc
GL9.IR
#3408
Rank
NZ$7.14 B
Marketcap
NZ$29.49
Share price
-0.75%
Change (1 day)
24.35%
Change (1 year)
Categories

P/E ratio for Glanbia plc (GL9.IR)

P/E ratio at the end of 2024: 22.9

According to Glanbia plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 22.9.

P/E ratio history for Glanbia plc from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202422.987.07%
202312.2-0.7%
202212.3-37.11%
202119.612.43%
202017.419.47%
201914.6-14.52%
201817.065.5%
201710.3-46.38%
201619.2-18.13%
201523.512.99%
201420.842.22%
201314.625.79%
201211.641.59%
20118.1930.47%
20106.2840.44%
20094.47-12.39%
20085.10-58.38%
200712.354.16%
20067.96-2.12%
20058.133.89%
20047.82-173.14%
2003-10.78.7%
2002-9.84-227.71%
20017.70

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.