Ramsay Health Care
RHC.AX
#2694
Rank
โ‚น419.31 B
Marketcap
โ‚น1,817
Share price
0.45%
Change (1 day)
-36.57%
Change (1 year)

P/E ratio for Ramsay Health Care (RHC.AX)

P/E ratio at the end of 2022: 58.6

According to Ramsay Health Care's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.665. At the end of 2022 the company had a P/E ratio of 58.6.

P/E ratio history for Ramsay Health Care from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202258.6110.76%
202127.8-39.86%
202046.382.62%
201925.31.18%
201825.0-6.14%
201726.7-2.83%
201627.40.59%
201527.326.06%
201421.610.95%
201319.555.43%
201212.67.11%
201111.7-24.73%
201015.6-10.42%
200917.426.72%
200813.7-13.66%
200715.9-16.78%
200619.1-51.86%
200539.6126.81%
200417.536.96%
200312.8-27.06%
200217.5-17.25%
200121.1

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.