Region Group
RGN.AX
#4817
Rank
โ‚น131.44 B
Marketcap
โ‚น113.03
Share price
0.95%
Change (1 day)
-7.63%
Change (1 year)

P/E ratio for Region Group (RGN.AX)

P/E ratio at the end of 2023: -19.7

According to Region Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.2957. At the end of 2023 the company had a P/E ratio of -19.7.

P/E ratio history for Region Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-19.7-445.06%
20225.7116.8%
20214.89-78.14%
202022.431.51%
201917.094.22%
20188.76108.43%
20174.20-43.27%
20167.41-1.28%
20157.5114.62%
20146.55

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.