Rieter Holding
RIEN.SW
#6843
Rank
S$0.60 B
Marketcap
$134.98
Share price
-0.22%
Change (1 day)
11.77%
Change (1 year)

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

P/E ratio at the end of 2023: 5.24

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.15884. At the end of 2023 the company had a P/E ratio of 5.24.

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

PE ratio at the end of each year

Year P/E ratio Change
20235.24-87.21%
202241.056.39%
202126.2-640.29%
2020-4.85-137.03%
201913.1-35.92%
201820.4-77.4%
201790.5312.74%
201621.912.95%
201519.419.77%
201416.2-34.78%
201324.8-6.59%
201226.6917.44%
20112.61-94.08%
201044.1-1268.75%
2009-3.78182.14%
2008-1.34-114.3%
20079.36-46.19%
200617.431.02%
200513.337.41%
20049.66-11.96%
200311.0-5.02%
200211.6

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.