Rumo
RAIL3.SA
#2489
Rank
ยฃ4.53 B
Marketcap
ยฃ2.45
Share price
0.81%
Change (1 day)
-33.07%
Change (1 year)
Categories

P/E ratio for Rumo (RAIL3.SA)

P/E ratio as of December 2024 (TTM): 37.6

According to Rumo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.6497. At the end of 2022 the company had a P/E ratio of 66.9.

P/E ratio history for Rumo from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202266.9-69.37%
202121999.57%
2020109109.41%
201952.3-47.69%
2018100.0-244.77%
2017-69.1517.43%
2016-11.2405.33%
2015-2.21

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.