Rieter Holding
RIEN.SW
#7043
Rank
C$0.73 B
Marketcap
C$5.40
Share price
-0.48%
Change (1 day)
-95.90%
Change (1 year)

P/E ratio for Rieter Holding (RIEN.SW)

P/E ratio at the end of 2024: 40.5

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.53672. At the end of 2024 the company had a P/E ratio of 40.5.

P/E ratio history for Rieter Holding from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202440.5632.97%
20235.53-87.01%
202242.561.07%
202126.4-640.29%
2020-4.89-138.99%
201912.5-33.79%
201818.9-76.78%
201781.6322.64%
201619.315.39%
201516.723.26%
201413.6-33.64%
201320.4-4.99%
201221.5961.43%
20112.03-94.08%
201034.2-1268.75%
2009-2.93182.14%
2008-1.04-115.1%
20076.88-44.41%
200612.434.43%
20059.2043.45%
20046.42-8.33%
20037.0011.83%
20026.26

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.