As of Jul 25, 2024, the GFS stock has a PE ratio of 31.44. The calculation is based on the latest EPS of $1.62 and the stock price of $50.94 per share. An increase of 13% has been observed in the PE ratio compared to its average of 27.7 of the last four quarters.
The mean historical PE ratio of GlobalFoundries over the last three years is 95.0. The current 31.44 P/E ratio is 67% lower than the historical average. Looking back at the last three years, GFS's PE ratio peaked in the Mar 2022 quarter at 624.2, with a price of $62.42 and an EPS of $0.1. The Dec 2022 quarter marked the lowest point at 20.03, with a price of $53.89 and an EPS of $2.69.
Maximum annual increase: 63.55% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.76 | 63.55% |
| 2022 | 20.03 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
In comparison to its peer stocks SWKS and CSIQ, GFS's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CSIQ Canadian Solar Inc | 5.49 | $1.13B |
| SWKS Skyworks Solutions Inc | 21.69 | $18.65B |
| GFS GlobalFoundries Inc | 31.95 | $28.75B |
GFS's price to earnings ratio is 31.44 as of Jul 25, 2024.
Over the last three years, the quarterly PE ratio reached its highest level at 624.2 in the Mar 2022 quarter.
GFS's current price to earnings ratio is 67% below its 3-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), GlobalFoundries's share price is $50.94. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.62. Therefore, GlobalFoundries's PE ratio for today is 31.44. PE RATIO(31.44) = STOCK PRICE($50.94) / TTM EPS($1.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.