Renishaw
RSW.L
#3686
Rank
A$4.39 B
Marketcap
$60.47
Share price
0.32%
Change (1 day)
-0.34%
Change (1 year)

P/E ratio for Renishaw (RSW.L)

P/E ratio at the end of 2022: 23.0

According to Renishaw's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1965.1. At the end of 2022 the company had a P/E ratio of 23.0.

P/E ratio history for Renishaw from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202223.0-25.86%
202131.0-99.7%
2020> 100030193.86%
201934.320.92%
201828.4-1.44%
201728.833.96%
201621.589.38%
201511.47.89%
201410.5-25.73%
201314.217.46%
201212.1-22.68%
201115.6-25.41%
201020.9-61.8%
200954.8445.96%
200810.044.24%
20076.95-52.34%
200614.6-5.15%
200515.4-5.75%
200416.3-3.11%
200316.8-19.73%
200221.023.58%
200117.0

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.