P/E ratio for RCM Technologies (RCMT)
P/E ratio as of June 2024 (TTM): 11.1
According to RCM Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0959. At the end of 2022 the company had a P/E ratio of 5.86.
P/E ratio history for RCM Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.86 | -16.01% |
| 2021 | 6.98 | -335.17% |
| 2020 | -2.97 | -131.43% |
| 2019 | 9.45 | -29.92% |
| 2018 | 13.5 | -62.15% |
| 2017 | 35.6 | -20.4% |
| 2016 | 44.7 | 288.89% |
| 2015 | 11.5 | -10.15% |
| 2014 | 12.8 | -69.88% |
| 2013 | 42.5 | 113.13% |
| 2012 | 19.9 | 30.92% |
| 2011 | 15.2 | 5.3% |
| 2010 | 14.5 | 211.28% |
| 2009 | 4.65 | -1515.38% |
| 2008 | -0.3284 | -103.91% |
| 2007 | 8.40 | -24.27% |
| 2006 | 11.1 | -34.75% |
| 2005 | 17.0 | -32.41% |
| 2004 | 25.2 | -11.28% |
| 2003 | 28.3 | -1752.92% |
| 2002 | -1.71 | -35.05% |
| 2001 | -2.64 |
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.