Rieter Holding
RIEN.SW
#7050
Rank
$0.42 B
Marketcap
$95.12
Share price
0.71%
Change (1 day)
-9.59%
Change (1 year)

P/E ratio for Rieter Holding (RIEN.SW)

P/E ratio at the end of 2023: 5.13

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.82609. At the end of 2023 the company had a P/E ratio of 5.13.

P/E ratio history for Rieter Holding from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20235.13-87.21%
202240.156.39%
202125.7-640.29%
2020-4.75-137.03%
201912.8-35.92%
201820.0-77.4%
201788.5312.74%
201621.512.95%
201519.019.77%
201415.9-34.78%
201324.3-6.59%
201226.0917.44%
20112.56-94.08%
201043.2-1268.75%
2009-3.70182.14%
2008-1.31-114.3%
20079.16-46.19%
200617.031.02%
200513.037.41%
20049.46-11.96%
200310.7-5.02%
200211.3

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.