Renold
RNO.L
#8728
Rank
โ‚ฌ0.10 B
Marketcap
54,02ย โ‚ฌ
Share price
1.99%
Change (1 day)
9,560.86%
Change (1 year)

P/E ratio for Renold (RNO.L)

P/E ratio at the end of 2024: 4.59

According to Renold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58566.9. At the end of 2024 the company had a P/E ratio of 4.59.

P/E ratio history for Renold from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20244.59-5.01%
20234.8413.48%
20224.26-63.41%
202111.61.34%
202011.534.26%
20198.56-132.22%
2018-26.6-196.82%
201727.4126.84%
201612.1-37.3%
201519.3-314.03%
2014-9.0182.98%
2013-4.93-147.08%
201210.5-114.71%
2011-71.12704.31%
2010-2.54-149.6%
20095.1110.06%
20084.65-194.55%
2007-4.92134.94%
2006-2.09-99.55%
2005-469-6044.79%
20047.89-40.02%
200313.1-282.75%
2002-7.20-197.53%
20017.38

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.