Region Group
RGN.AX
#4700
Rank
โ‚ฌ1.55 B
Marketcap
1,34ย โ‚ฌ
Share price
0.94%
Change (1 day)
8.32%
Change (1 year)

P/E ratio for Region Group (RGN.AX)

P/E ratio at the end of 2023: -20.9

According to Region Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.4033. At the end of 2023 the company had a P/E ratio of -20.9.

P/E ratio history for Region Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-20.9-445.06%
20226.0616.8%
20215.19-78.14%
202023.731.51%
201918.094.22%
20189.29108.43%
20174.46-43.27%
20167.86-1.28%
20157.9614.62%
20146.94

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.