Romande Energie
REHN.SW
#4777
Rank
C$1.89 B
Marketcap
$73.69
Share price
-0.46%
Change (1 day)
-10.84%
Change (1 year)

P/E ratio for Romande Energie (REHN.SW)

P/E ratio at the end of 2022: 33.5

According to Romande Energie's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.2906. At the end of 2022 the company had a P/E ratio of 33.5.

P/E ratio history for Romande Energie from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202233.5-26.59%
202145.6201.26%
202015.1-64.38%
201942.550.22%
201828.3125.18%
201712.6-16.33%
201615.0-108.14%
2015-1852272.99%
2014-7.78-143.62%
201317.8-502.98%
2012-4.43-30.74%
2011-6.39-130.78%
201020.8507.53%
20093.42-84.32%
200821.822.98%
200717.7-34.86%
200627.245.14%
200518.8

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.