Ryman Healthcare
RYM.NZ
#4664
Rank
ยฃ1.12 B
Marketcap
ยฃ1.11
Share price
0.00%
Change (1 day)
-48.78%
Change (1 year)
Ryman Healthcare Limited is a company from New Zealand that operates retirement homes and clinics.

P/E ratio for Ryman Healthcare (RYM.NZ)

P/E ratio at the end of 2023: 9.67

According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.52145. At the end of 2023 the company had a P/E ratio of 9.67.

P/E ratio history for Ryman Healthcare from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.6781.75%
20225.32-62.4%
202114.2-20.78%
202017.919.31%
201915.043%
201810.511.72%
20179.37-15.73%
201611.1-6.39%
201511.9-16.35%
201414.216.08%
201312.242.49%
20128.59-0.03%
20118.59-16.5%
201010.3-2.77%
200910.627.73%
20088.29-57.92%
200719.715.77%
200617.038.78%
200512.327.11%
20049.646.42%
20039.06-37.61%
200214.513.72%
200112.8

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.