RBC Bearings
RBC
#1701
Rank
โ‚น835.83 B
Marketcap
โ‚น26,611
Share price
-1.47%
Change (1 day)
36.19%
Change (1 year)

P/E ratio for RBC Bearings (RBC)

P/E ratio as of November 2024 (TTM): 58.2

According to RBC Bearings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.1863. At the end of 2021 the company had a P/E ratio of 118.

P/E ratio history for RBC Bearings from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2021118161.9%
202045.143.26%
201931.5-0.35%
201831.6-14.03%
201736.714.81%
201632.028.33%
201524.93.18%
201424.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.4-78.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.25-105.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.7-145.93%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
238 309.69%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.