The Rank Group
RNK.L
#6864
Rank
C$0.69 B
Marketcap
$1.48
Share price
2.27%
Change (1 day)
19.58%
Change (1 year)

P/E ratio for The Rank Group (RNK.L)

P/E ratio at the end of 2024: 25.9

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2994.93. At the end of 2024 the company had a P/E ratio of 25.9.

P/E ratio history for The Rank Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202425.9-688.09%
2023-4.40-170.89%
20226.21-166.15%
2021-9.39-115.03%
202062.5183.17%
201922.110.84%
201819.938.76%
201714.336.45%
201610.515.26%
20159.12-63.32%
201424.936.09%
201318.3733.67%
20122.19
20107.4913.62%
20096.60-114.34%
2008-46.0-5790.25%
20070.8086-88.51%
20067.04-213.64%
2005-6.19-90.42%
2004-64.6-600.43%
200312.931.71%
20029.80-37.34%
200115.6

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.