Top Markets
Coin of the day
Gram Car Carriers ASA Gram Car Carriers ASA

Gram Car Carriers ASA

GCC
Rank in Stocks #11596
Gram Car Carriers ASA operates globally as a provider of shipping capacity,... Gram Car Carriers ASA operates globally as a provider of shipping capacity, primarily focusing its investments and vessel management within the pure car and truck carrier (PCTC) sector. Additionally, the company delivers commercial management solutions for its owned fleet of 19 carriers, along with a single vessel under third-party management. Established in 2006, its headquarters are situated in Oslo, Norway.
Share Price
$23.75
Last synced: 2024-08-05
Market Cap
$682.13M
Change (1 day)
-0.66%
Change (1 year)
0.00%
Country
NO
Trade Gram Car Carriers ASA (GCC)

Category

P/E ratio for Gram Car Carriers ASA (GCC)
P/E ratio as of August 2026 TTM: 7.67
According to Gram Car Carriers ASA latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.67. At the end of 2022 the company had a P/E ratio of 20.31.
P/E ratio history for Gram Car Carriers ASA from 2021 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 7.67 27.44%
2023 6.02 -70.34%
2022 20.31 -186.92%
2021 -23.36 0.00%
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.