P/E ratio for Rieter Holding (RIEN.SW)
P/E ratio at the end of 2023: 5.20
According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.76352. At the end of 2023 the company had a P/E ratio of 5.20.
P/E ratio history for Rieter Holding from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.20 | -87.21% |
| 2022 | 40.7 | 56.39% |
| 2021 | 26.0 | -640.29% |
| 2020 | -4.81 | -137.03% |
| 2019 | 13.0 | -35.92% |
| 2018 | 20.3 | -77.4% |
| 2017 | 89.8 | 312.74% |
| 2016 | 21.7 | 12.95% |
| 2015 | 19.3 | 19.77% |
| 2014 | 16.1 | -34.78% |
| 2013 | 24.6 | -6.59% |
| 2012 | 26.4 | 917.44% |
| 2011 | 2.59 | -94.08% |
| 2010 | 43.8 | -1268.75% |
| 2009 | -3.75 | 182.14% |
| 2008 | -1.33 | -114.3% |
| 2007 | 9.29 | -46.19% |
| 2006 | 17.3 | 31.02% |
| 2005 | 13.2 | 37.41% |
| 2004 | 9.59 | -11.96% |
| 2003 | 10.9 | -5.02% |
| 2002 | 11.5 |
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.