Renewable Energy Group
REGI
#3548
Rank
HK$24.17 B
Marketcap
HK$478.72
Share price
0.00%
Change (1 day)
24.77%
Change (1 year)

P/E ratio for Renewable Energy Group (REGI)

P/E ratio on November 25, 2022 (TTM): 16.7

According to Renewable Energy Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.712. At the end of 2021 the company had a P/E ratio of 9.55.

P/E ratio history for Renewable Energy Group from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.55-59.8%
202023.8762.09%
20192.76-20.02%
20183.45-159.56%
2017-5.78-163.21%
20169.15-440.32%
2015-2.69-154.76%
20144.91104.07%
20132.41-42.39%
20124.18

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.0 85.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.44-67.44%๐Ÿ‡บ๐Ÿ‡ธ USA
355 2,022.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2-21.08%๐Ÿ‡บ๐Ÿ‡ธ USA

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.