Remgro Limited
REM.JO
#2838
Rank
A$7.29 B
Marketcap
$13.15
Share price
-1.98%
Change (1 day)
4.87%
Change (1 year)

P/E ratio for Remgro Limited (REM.JO)

P/E ratio at the end of 2022: 5.20

According to Remgro Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.02736. At the end of 2022 the company had a P/E ratio of 5.20.

P/E ratio history for Remgro Limited from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.20-65.2%
202114.978.43%
20208.37-0.22%
20198.3915.1%
20187.29-1.53%
20177.41-49.62%
201614.797.79%
20157.43-0.2%
20147.45-20.33%
20139.35283.4%
20122.4476.59%
20111.38-68.42%
20104.371589.9%
20090.2586-74.85%
20081.03-13.96%
20071.2080.65%
20060.661646.58%
20050.4514-46.37%
20040.841612.93%
20030.7453-67.16%
20022.27

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.