Regis Healthcare
REG.AX
#5282
Rank
NZ$2.03 B
Marketcap
$6.75
Share price
-4.55%
Change (1 day)
96.57%
Change (1 year)

P/E ratio for Regis Healthcare (REG.AX)

P/E ratio at the end of 2023: -22.4

According to Regis Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -60.7069. At the end of 2023 the company had a P/E ratio of -22.4.

P/E ratio history for Regis Healthcare from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.471.64%
2022-13.1-152.53%
202124.9-75.55%
2020102604.8%
201914.4-8.09%
201815.7-2.21%
201716.0-38.39%
201626.132.39%
201519.7

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.