Region Group
RGN.AX
#4506
Rank
C$2.45 B
Marketcap
$2.11
Share price
-1.27%
Change (1 day)
18.74%
Change (1 year)

P/E ratio for Region Group (RGN.AX)

P/E ratio at the end of 2023: -21.1

According to Region Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.5889. At the end of 2023 the company had a P/E ratio of -21.1.

P/E ratio history for Region Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-21.1-445.06%
20226.1216.8%
20215.24-78.14%
202024.031.51%
201918.294.22%
20189.39108.43%
20174.50-43.27%
20167.94-1.28%
20158.0414.62%
20147.02

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.