Top Markets
Coin of the day
Globalstar, Inc. Globalstar, Inc.

Globalstar, Inc.

GSAT
Rank in Stocks #1905
Globalstar, Inc. provides mobile satellite services worldwide. The company... Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
Share Price
$62.25
Market Cap
$8.00B
Change (1 day)
-2.98%
Change (1 year)
210.92%
Country
US
Trade Globalstar, Inc. (GSAT)
P/E ratio for Globalstar, Inc. (GSAT)
P/E ratio as of April 2026 TTM: -746.33
According to Globalstar, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -746.33. At the end of 2023 the company had a P/E ratio of -216.03.
P/E ratio history for Globalstar, Inc. from 2001 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) -746.33 1,106.10%
2024 -61.88 -71.36%
2023 -216.03 1,444.87%
2022 -13.98 -48.72%
2021 -27.27 258.36%
2020 -7.61 -110.33%
2019 73.66 -139.38%
2018 -187.04 661.49%
2017 -24.56 29.15%
2016 -19.02 -162.42%
2015 30.47 -469.31%
2014 -8.25 202.10%
2013 -2.73 72.92%
2012 -1.58 -64.20%
2011 -4.41 -30.71%
2010 -6.37 151.35%
2009 -2.53 564.68%
2008 -0.38 -98.85%
2007 -33.16 -158.93%
2006 56.27 -34.51%
2005 85.93 -98.00%
2004 4.29K -70,014.57%
2003 -6.14 -43.71%
2002 -10.91 283.77%
2001 -2.84 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
21.31 -102.86%
US
12.36 -101.66%
US
9.49 -101.27%
US
16.08 -102.16%
DE
5.78 -100.77%
JP
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.