Goodman Group
GMG.AX
#458
Rank
S$59.87 B
Marketcap
$31.32
Share price
0.85%
Change (1 day)
53.02%
Change (1 year)

P/E ratio for Goodman Group (GMG.AX)

P/E ratio at the end of 2022: 9.41

According to Goodman Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5786. At the end of 2022 the company had a P/E ratio of 9.41.

P/E ratio history for Goodman Group from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20229.41-36.01%
202114.7-14.99%
202017.310.11%
201915.713.27%
201813.9-12.49%
201715.883.96%
20168.6111.77%
20157.70-15.91%
20149.16-74.18%
201335.5311.04%
20128.6319.46%
20117.23-244.4%
2010-5.01649.97%
2009-0.6674-105.15%
200813.0-2.61%
200713.3-13.71%
200615.4-71.77%
200554.6

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.