Romgaz
RZ8G.F
#2994
Rank
HK$33.45 B
Marketcap
Country
HK$6.81
Share price
-14.80%
Change (1 day)
6.56%
Change (1 year)

P/E ratio for Romgaz (RZ8G.F)

P/E ratio as of November 2024 (TTM): 0.8911

According to Romgaz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.891115. At the end of 2022 the company had a P/E ratio of 0.7808.

P/E ratio history for Romgaz from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20220.7808-4.02%
20210.8135-4.91%
20200.8554-16.08%
20191.02-19.87%
20181.2794.72%
20170.6533-20.92%
20160.82613.24%
20150.8001-0.74%
20140.8061-41.05%
20131.37

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.