The price-to-earnings ratio for GameStop stock stands at 178.42 as of Oct 17, 2024. This results from the current EPS of $0.12 and stock price of $21.41.
Over the last ten years, the average PE ratio of GameStop has been 90.73. The current 178.42 P/E ratio is 97% higher than the historical average. In the past ten years, GME's PE ratio peaked in the Feb 2024 quarter at 736.5, with a price of $14.73 and an EPS of $0.02. The Oct 2017 quarter marked the lowest point at 5.62, with a price of $4.84 and an EPS of $0.86.
Maximum annual increase: 537.77% in 2018
Maximum annual decrease: -31.07% in 2016
Year | PE ratio | Change |
---|---|---|
2024 | 736.5 | N/A |
2023 | N/A | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | 45.09 | 537.77% |
2017 | 7.07 | 2.46% |
2016 | 6.9 | -31.07% |
2015 | 10.01 | -13.26% |
The current PE ratio of GME is higher than its 10-year historical average.
GME's PE ratio stands higher than its peer stocks AAPL and T.
Stock name | PE ratio | Market cap |
---|---|---|
T At&T Inc | 12.49 | $155.81B |
BBY Best Buy Co Inc | 16.54 | $20.67B |
AAPL Apple Inc | 35.23 | $3.53T |
GME GameStop Corp | 178.42 | $9.13B |
The price to earnings ratio for GME stock is 178.42 as of Oct 17, 2024.
Over the last ten years, the quarterly PE ratio reached a historic high of 736.5 in the Feb 2024 quarter.
GME's price to earnings ratio is currently 97% above its 10-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 17, 2024), GameStop's stock price is $21.41. The earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $0.12. Therefore, GameStop's PE ratio for today is 178.42. PE RATIO(178.42) = STOCK PRICE($21.41) / TTM EPS($0.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.