Region Group
RGN.AX
#4742
Rank
โ‚ฌ1.49 B
Marketcap
1,28ย โ‚ฌ
Share price
0.47%
Change (1 day)
-8.16%
Change (1 year)

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

P/E ratio at the end of 2023: -20.1

According to Region Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.5425. At the end of 2023 the company had a P/E ratio of -20.1.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-20.1-445.06%
20225.8316.8%
20214.99-78.14%
202022.831.51%
201917.494.22%
20188.94108.43%
20174.29-43.27%
20167.57-1.28%
20157.6614.62%
20146.69

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.