According to Richelieu Hardware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0656. At the end of 2022 the company had a P/E ratio of 12.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.0 | -29.97% |
2021 | 17.2 | -21.5% |
2020 | 21.9 | -6.44% |
2019 | 23.4 | 21.63% |
2018 | 19.2 | -34.39% |
2017 | 29.3 | 24.98% |
2016 | 23.4 | 3.67% |
2015 | 22.6 | 5.96% |
2014 | 21.3 | 9.62% |
2013 | 19.5 | 13.85% |
2012 | 17.1 | 12.61% |
2011 | 15.2 | -9.53% |
2010 | 16.8 | 2.99% |
2009 | 16.3 | 45.51% |
2008 | 11.2 | -32.29% |
2007 | 16.5 | -5.79% |
2006 | 17.6 | -11.06% |
2005 | 19.8 | 1.58% |
2004 | 19.4 | 1.15% |
2003 | 19.2 | 13.23% |
2002 | 17.0 | 34.96% |
2001 | 12.6 |
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.