Rottneros
RROS.ST
#8535
Rank
โ‚ฌ0.12 B
Marketcap
0,80ย โ‚ฌ
Share price
0.22%
Change (1 day)
-25.82%
Change (1 year)

P/E ratio for Rottneros (RROS.ST)

P/E ratio as of November 2024 (TTM): 6.99

According to Rottneros's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.98521. At the end of 2022 the company had a P/E ratio of 3.29.

P/E ratio history for Rottneros from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.29-58.59%
20217.95-132.21%
2020-24.7-375.13%
20198.9858.73%
20185.66-40.68%
20179.53-0.52%
20169.5871.68%
20155.5829.85%
20144.30-324.66%
2013-1.91-91.56%
2012-22.7925.4%
2011-2.21-141.48%
20105.33-303.13%
2009-2.62

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.