The Rank Group
RNK.L
#6614
Rank
C$0.72 B
Marketcap
$1.55
Share price
-1.14%
Change (1 day)
21.90%
Change (1 year)

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

P/E ratio at the end of 2024: 26.5

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3202.83. At the end of 2024 the company had a P/E ratio of 26.5.

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
202426.5-688.09%
2023-4.50-170.89%
20226.35-166.15%
2021-9.60-115.03%
202063.9183.17%
201922.610.84%
201820.438.76%
201714.736.45%
201610.715.26%
20159.32-63.32%
201425.436.09%
201318.7733.67%
20122.24
20107.6613.62%
20096.74-114.34%
2008-47.0-5790.25%
20070.8267-88.51%
20067.19-213.64%
2005-6.33-90.42%
2004-66.0-600.43%
200313.231.71%
200210.0-37.34%
200116.0

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.