P/E ratio for RBC Bearings (RBC)
P/E ratio as of June 2024 (TTM): 53.8
According to RBC Bearings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.7823. At the end of 2021 the company had a P/E ratio of 118.
P/E ratio history for RBC Bearings from 2005 to 2013
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 118 | 161.9% |
| 2020 | 45.1 | 43.26% |
| 2019 | 31.5 | -0.35% |
| 2018 | 31.6 | -14.03% |
| 2017 | 36.7 | 14.81% |
| 2016 | 32.0 | 28.33% |
| 2015 | 24.9 | 3.18% |
| 2014 | 24.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NN, Inc.
NNBR | -2.94 | -105.46% | 🇺🇸 USA |
 Altra Industrial Motion
AIMC | 238 | 343.24% | 🇺🇸 USA |
 Rexnord RXN | N/A | N/A | 🇺🇸 USA |
 Timken Company
TKR | 14.4 | -73.26% | 🇺🇸 USA |
 Kaman KAMN | -26.7 | -149.70% | 🇺🇸 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.