Renishaw
RSW.L
#3684
Rank
C$3.97 B
Marketcap
$54.62
Share price
-0.65%
Change (1 day)
-23.18%
Change (1 year)

P/E ratio for Renishaw (RSW.L)

P/E ratio at the end of 2022: 22.5

According to Renishaw's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1917.11. At the end of 2022 the company had a P/E ratio of 22.5.

P/E ratio history for Renishaw from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202222.5-25.86%
202130.3-99.7%
2020> 100030193.86%
201933.520.92%
201827.7-1.44%
201728.133.96%
201621.089.38%
201511.17.89%
201410.3-25.73%
201313.817.46%
201211.8-22.68%
201115.2-25.41%
201020.4-61.8%
200953.4445.96%
20089.7944.24%
20076.79-52.34%
200614.2-5.15%
200515.0-5.75%
200415.9-3.11%
200316.4-19.73%
200220.523.58%
200116.6

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.