According to Royal holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -40.5993. At the end of 2023 the company had a P/E ratio of 33.6.
Year | P/E ratio | Change |
---|---|---|
2023 | 33.6 | -23.48% |
2022 | 43.9 | -258.63% |
2021 | -27.7 | 1008.87% |
2020 | -2.50 | -105.2% |
2019 | 48.0 | 38.75% |
2018 | 34.6 | 3.6% |
2017 | 33.4 | 11% |
2016 | 30.1 | -5.39% |
2015 | 31.8 | -8.36% |
2014 | 34.7 | -5.1% |
2013 | 36.5 | 7.95% |
2012 | 33.8 | -403.44% |
2011 | -11.2 | -131.06% |
2010 | 35.9 | -146.86% |
2009 | -76.6 | 1109.9% |
2008 | -6.33 | -114.81% |
2007 | 42.8 | 11.67% |
2006 | 38.3 | 77.57% |
2005 | 21.6 |
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.