Regis Healthcare
REG.AX
#5239
Rank
A$1.90 B
Marketcap
$6.34
Share price
2.09%
Change (1 day)
97.54%
Change (1 year)

P/E ratio for Regis Healthcare (REG.AX)

P/E ratio at the end of 2023: -22.0

According to Regis Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -62.8673. At the end of 2023 the company had a P/E ratio of -22.0.

P/E ratio history for Regis Healthcare from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-22.071.64%
2022-12.8-152.53%
202124.4-75.55%
202099.6604.8%
201914.1-8.09%
201815.4-2.21%
201715.7-38.39%
201625.532.39%
201519.3

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.