P/E ratio for Rosneft (ROSN.ME)
P/E ratio as of June 2024 (TTM): 5.02
According to Rosneft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.01676. At the end of 2020 the company had a P/E ratio of 31.1.
P/E ratio history for Rosneft from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 31.1 | 359.57% |
| 2019 | 6.76 | -17.8% |
| 2018 | 8.22 | -40.89% |
| 2017 | 13.9 | -43.28% |
| 2016 | 24.5 | 224.4% |
| 2015 | 7.56 | 26.83% |
| 2014 | 5.96 | 29.8% |
| 2013 | 4.59 | -33.94% |
| 2012 | 6.95 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 12.7 | 152.45% | 🇬🇧 UK |
 BP BP | 4.07 | -18.90% | 🇬🇧 UK |
 Saudi Aramco 2222.SR | 13.5 | 168.36% | 🇸🇦 S. Arabia |
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.