The Rank Group
RNK.L
#6748
Rank
C$0.88 B
Marketcap
C$1.88
Share price
0.99%
Change (1 day)
23.07%
Change (1 year)

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

P/E ratio at the end of 2024: 27.7

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3986.35. At the end of 2024 the company had a P/E ratio of 27.7.

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
202427.7-688.27%
2023-4.70-170.79%
20226.65-166.38%
2021-10.0-115.01%
202066.7183.06%
201923.610.89%
201821.338.81%
201715.335.4%
201611.315.71%
20159.77-62.99%
201426.435.46%
201319.5734.3%
20122.34
20107.9614.17%
20096.97-114.45%
2008-48.2-5669.94%
20070.8659-88.42%
20067.48-213.71%
2005-6.57-90.4%
2004-68.5-604.57%
200313.630.65%
200210.4-37.31%
200116.6

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.