Romande Energie
REHN.SW
#4953
Rank
โ‚ฌ1.16 B
Marketcap
44,92ย โ‚ฌ
Share price
-1.17%
Change (1 day)
-24.26%
Change (1 year)

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

P/E ratio at the end of 2022: 34.6

According to Romande Energie's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.9592. At the end of 2022 the company had a P/E ratio of 34.6.

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

PE ratio at the end of each year

Year P/E ratio Change
202234.6-26.59%
202147.1201.26%
202015.6-64.38%
201943.950.22%
201829.2125.18%
201713.0-16.33%
201615.5-108.14%
2015-1912272.99%
2014-8.03-143.62%
201318.4-502.98%
2012-4.57-30.74%
2011-6.59-130.78%
201021.4507.53%
20093.53-84.32%
200822.522.98%
200718.3-34.86%
200628.145.14%
200519.3

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.