Ryman Healthcare
RYM.NZ
#4569
Rank
HK$13.30 B
Marketcap
HK$19.36
Share price
0.46%
Change (1 day)
-29.19%
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: 10.0

According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.93529. At the end of 2023 the company had a P/E ratio of 10.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202310.081.75%
20225.53-62.4%
202114.7-20.78%
202018.619.31%
201915.643%
201810.911.72%
20179.74-15.73%
201611.6-6.39%
201512.3-16.35%
201414.816.08%
201312.742.49%
20128.92-0.03%
20118.92-16.5%
201010.7-2.77%
200911.027.73%
20088.60-57.92%
200720.415.77%
200617.738.78%
200512.727.11%
200410.06.42%
20039.41-37.61%
200215.113.72%
200113.3

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.