Romgaz
RZ8G.F
#2807
Rank
A$7.21 B
Marketcap
Romania
Country
$1.50
Share price
4.05%
Change (1 day)
21.75%
Change (1 year)

P/E ratio for Romgaz (RZ8G.F)

P/E ratio as of September 2024 (TTM): 1.02

According to Romgaz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.01509. At the end of 2022 the company had a P/E ratio of 0.7808.

P/E ratio history for Romgaz from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20220.7808-4.46%
20210.8172-3.88%
20200.8501-16.79%
20191.02-19.79%
20181.2794.98%
20170.6533-20.92%
20160.82613.4%
20150.7989-0.98%
20140.8068-41.02%
20131.37

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.