According to Romgaz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.06676. At the end of 2022 the company had a P/E ratio of 0.7808.
Year | P/E ratio | Change |
---|---|---|
2022 | 0.7808 | -4.02% |
2021 | 0.8135 | -4.91% |
2020 | 0.8554 | -16.08% |
2019 | 1.02 | -19.87% |
2018 | 1.27 | 94.72% |
2017 | 0.6533 | -20.92% |
2016 | 0.8261 | 3.24% |
2015 | 0.8001 | -0.74% |
2014 | 0.8061 | -41.05% |
2013 | 1.37 |
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.